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flag Indian finance ministers meet to discuss lowering GST on health and insurance, adjusting taxes on goods.

flag Union Finance Minister Nirmala Sitharaman will meet state finance ministers on December 21-22 for pre-Budget consultations and a GST Council meeting. flag The GST Council will discuss lowering GST rates on health and life insurance, potentially exempting term insurance plans and senior citizens' health insurance. flag The meeting may also address tax rate rationalization for items like packaged drinking water, bicycles, and luxury goods, aiming to adjust revenue by about Rs 22,000 crore.

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