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Tag: new gst rates for medical insurance

Insurance stocks in limelight; Star Health up over 9% as life, health insurance exempt from GST

Posted on September 4, 2025 By admin
Insurance stocks in limelight; Star Health up over 9% as life, health insurance exempt from GST

All individual life insurance policies, whether term life, ULIP or endowment policies and subsequent reinsurance are exempt from GST, Finance Minister Nirmala Sitharaman on September 3, 2025. (Representational image) | Photo Credit: Getty Images/iStock Photo Insurance stocks were in heavy demand on Thursday (September 4, 2025), with Star Health surging over 9%, as life insurance…

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