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BSE LIVE NSE LIVE 26 Aug, 2025 12:21 Volume Todays L/H More ×

While the removal of Goods and Services Tax (GST) on health and life insurance premiums for individuals has been highly lauded, it may prove a blow to insurance marketplace PB Fintech.

The zero percent GST on life and health insurance effectively removes the input tax credit (ITC) for insurers. The loss of ITC will significantly dent the margins and profit of insurance players, who in order to pass on the benefit to consumers, have decided to rejig their commission structures. Individual agents, who have been impacted approached the regulator, urging intervention and shifting the burden from individuals to corporate agents.

This could potentially create hea

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