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India’s GST cut may lower health, life insurance costs

Currently, an 18% GST is applied to premiums for health and life insurance.The cost of insurance premiums for India’s policyholders could decrease if the GST Council recommends a reduction in the Goods and Services Tax (GST) rate on…

Insurers ask central bank to issue zero-coupon bonds

Indian insurers have asked the government to issue new sovereign debt instruments, including zero-coupon bonds, to broaden investment opportunities available to them and to help them manage long-term risks, reported Bloomberg…

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