Has GST Council Reduced Tax Rates on Life and Health Insurance? A Fact-Check

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Individual: Raghav Bahl

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Has GST Council Reduced Tax Rates on Life and Health Insurance? A Fact-Check

A post is being circulated on social media platforms claiming that the Goods and Services Tax (GST) Council has reduced the GST on health insurance from 18 percent to 5 percent.Multiple users have thanked Union Minister Nitin Gadkari for this move. It was previously reported that he had written a letter to Finance Minister Nirmala Sitharaman requesting the removal of GST on health insurance.An archive of the post can be found here.(Archives of s…