- 54th GST Council meeting chaired by Union Finance Minister Nirmala Sitharaman
- Meeting to address issues such as taxation of insurance premiums, rate rationalizations, and revenues from online gaming
- Agenda includes potential reduction of GST rates on health and life insurance premiums currently taxed at 18%
- Fitment Committee to present findings on impact of GST on insurance premiums
- Calls for exemptions on insurance premiums from opposition leaders and BJP members, including Union Transport Minister Nitin Gadkari
Source: a2ztaxcorp.com
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