8 Oct 2026 · GST Council recommends ITC on health and life insurance
GST Council recommends input tax credit on employer-paid health and life insurance
The 57th GST Council meeting on 8 October recommended removing the block on input tax credit for health and life insurance, a change that mainly concerns group policies employers buy for staff.
· Sources: PIB (Ministry of Finance): Recommendations of the 57th Meeting of the GST Council, Business Standard, The Week