Primus In News
Have high hopes from GST cut on health, life insurance? Here's why a drastic fall is unlikely to benefit policyholders
04-12-2024
Shravan Shetty, Managing Director, Primus Partners, shares his views on the potential GST rate cut, noting that while there is an expectation for it, the final decision will rest with the GST council. Given the recent record GST collections and the completion of key elections, he highlights that while there may be a slight increase in basic costs for retail customers, there will be an overall reduction in policy costs. However, the cost for corporates using GST input credits may rise.
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