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Wait for GST reduction on life, health insurance gets longer as GST Council’s Fitment committee turns down proposals

The committee of revenue officials from the Center and States attached to GST Council has turned down proposal to lower tax rate on premium related with all kind of insurance from life to health to third party. The committee, known as Fitment Committee, examines proposal… Read More »Wait for GST reduction on life, health insurance gets longer as GST Council’s Fitment committee turns down proposals

Parametric Insurance Market to Reach $29.3 Bn, Globally, by 2031 at 9.9% CAGR: Allied Market Research

Rapid claim adjustment process, technological advancements, and improved user experience drive the growth of the global parametric insurance market. PORTLAND, Ore., June 23, 2022 /PRNewswire/ — Allied Market Research recently published a report,titled, ‘Parametric Insurance Market by Type (Natural Catastrophes Insurance, Specialty Insurance, Others), by… Read More »Parametric Insurance Market to Reach $29.3 Bn, Globally, by 2031 at 9.9% CAGR: Allied Market Research