Remove GST and TDS on insurance premium immediately

New Delhi. Due to the imposition of GST and TDS on insurance premium, it is becoming difficult for the common man to afford health and life insurance. It should be removed immediately. The Standing Committee on Finance has said these things in its report recently presented in the Lok Sabha and Rajya Sabha. Let us tell you, in the GST Council meeting in September, a consensus was reached on removing GST on insurance, but its decision will be taken in the meeting to be held on December 21. According to the report, the imposition of GST on insurance premium had very adverse results in America.