Life Insurance coverage Company of India Life Insurance coverage Company of India (LIC) on Monday mentioned that it has obtained a requirement discover from the GST authorities for allegedly availing extra Enter Tax Credit score (ITC) for the monetary 12 months 2020-21. The discover, issued by the Assistant Commissioner of GST, Ward 206, Zone 11,…
Union Funds: Infra sector requires raised capex, sops for inexperienced initiatives, tax reforms New Delhi [India], January 28 (ANI): Simply days forward of the Union Funds 2025 on February 1, the infrastructure sector playersare calling for GST rationalisation, tax incentives for inexperienced constructing applied sciences, elevated capital expenditure (capex) for roads, railways, and ports, help…
Recently, there have been a number of calls for to exempt time period life insurance coverage premiums from the ambit of GST (Items and Providers Tax). A excessive GST charge of 18% on life insurance coverage premiums makes the plan too pricey for a lot of to afford. So, both they find yourself taking no…
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