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Monday, 23 December 2024

Recommendations of the 55th Meeting of the GST Council

 No decision has been made in the GST Council Meeting held at Jaisalmer on 21st December, 2024 on the recommendations of Group of Ministers on exemption of GST on life insurance and Health insurance per summary of 

Recommendations of the 55th Meeting of the GST Council

Jaisalmer, Rajasthan, 21 st December 2024


Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chairs the 55th meeting of the GST Council, in Jaisalmer, Rajasthan.

On Sunday, the GST Council, in its 55th meeting chaired by Union Finance Minister Nirmala Sitharaman, deferred the decision to cut taxes on life and health insurance premiums. Further technical consultations were needed before any changes could be implemented, the commission said

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