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A full GST exemption on life insurance premiums could mean more expensive premiums for policyholders. Here’s why?
According to Jalan, commissions paid to life insurance agents form a significant portion of expenses in the books of life insurers. This “Our GST data ... be able to claim full input tax credit ...
GST collections rise 9 pc to Rs 1.84 lakh cr; indicate economic revival, say experts
KPMG, Indirect Tax Head & Partner, Abhishek Jain said, "GST collections growth of 10.2 per cent on domestic supplies and ...
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Frequent regulatory changes, full automation under GST making compliance difficult and expansive for taxpayers
The introduction of the Goods and Services Tax (GST) in India on July 1 ... match their invoices with those uploaded by suppliers in Form GSTR-1/IFF. Recipient taxpayers can perform the following ...