News > Gadkari urges FM to remove 18% GST on life and medical insurance premiums
Gadkari urges FM to remove 18% GST on life and medical insurance premiums
31/07/2024 05:22 PM | Click to read full article
In his letter to Finance Minister Nirmala Sitharaman, Union Minister of Road Transport and Highways Nitin Gadkari highlighted the concerns raised by the Nagpur Division Life Insurance Corporation Employees Union, including the need for equitable treatment of savings through life insurance, the re-introduction of income tax deductions for health insurance premiums, and the consolidation of public sector general insurance companies.