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flag India exempts life and health insurance premiums from GST to make insurance more affordable.

flag The Indian government will exempt life and health insurance premiums from Goods and Services Tax (GST), effective September 22, aiming to make insurance more affordable and accessible. flag While this move is expected to lower premiums, insurers may adjust their pricing, potentially offsetting the savings. flag The change is part of efforts to boost insurance penetration and make healthcare more inclusive.

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