
My Name is SUMIT SHARMA and I am an advisor with Life Insurance Corporation of India. We help people through the life Insurance Corporation of India plans to save their money. In planning for their children’s education and retirement. So that people get financial security and they get benefit in income tax.
A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
Financial Express 29/07/2025
The move comes in response to grievances received by the Centralized Processing Centre (CPC) in Bengaluru, which highlighted that returns from various assessment years were wrongly invalidated due to system glitches.