Sourced daily articles on insurance and personal finance in India — what changed and what it means for you. Written in our own words from official and trusted sources; no commissions, no ads.
8 Oct 2026 · GST Council recommends ITC on 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
1 Jan 2027 · Earliest start date IRDAI is considering for commission caps
An IRDAI member says the regulator may bring in its proposed caps on distributor commissions as early as January, with comments open until 25 October.
· Sources: Insurance Journal (Bloomberg), Business Today
25 October · Last date for comments on IRDAI's distribution paper
The Insurance Brokers Association of India has asked the government to intervene against IRDAI's draft distribution reforms, warning of job losses, ahead of the 25 October comment deadline.
· Sources: Business Standard (Reuters), Business Today, Insurance Business Asia
25 Oct 2026 · Last date for feedback on IRDAI's draft commission rules
The RBI Governor said the central bank will send its views on IRDAI's draft caps on insurance commissions, while brokers have written to the government opposing the plan.
· Sources: Business Standard, Asia Insurance Post, Business Standard (Reuters)
17 October 2026 · New last date for comments on Public Insurance Registry
The insurance regulator has extended the deadline for feedback on its proposed Public Insurance Registry, a shared digital layer for policy, claims and grievance data.
· Sources: TaxGuru (summary of IRDAI press release dated 30 Sep 2026), Business Standard
IRDAI's draft would reintroduce caps on sales commissions and insurers' expenses. Comments are open until 25 October 2026, and brokers have pushed back.
· Sources: Business Standard, Business Standard, Business Today, MediaNama, Mint (Deepti Bhaskaran, Substack)
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