15-09-2016 12:54 PM
I suppose every policy buyer will be required to pay up to 300 basic points more in taxes.
18-09-2016 09:53 AM
In my view it will depend on the type of policy you choose, but term policies may have higher chances of getting effected.
14-09-2017 02:57 PM
I think for General Insurance pre GST the taxes were 15% and now it has increased to 18%
I was looking for motor policy, i calculated the Premium pre and post GST and an executive was coordinating for the same, when asked about the difference in Premium, he said it is the GST effect.