Mamata Banerjee's Push for GST Relief on Insurance Premiums

West Bengal CM Mamata Banerjee credits the state government’s efforts for potential GST exemptions on term life insurance and health insurance premiums for seniors. She claims the Centre is under pressure to implement these changes, which could benefit millions across India if the GST Council agrees.

West Bengal's Chief Minister Mamata Banerjee has attributed potential GST exemptions on insurance premiums to persistent lobbying by her state government.

She stated that the central government appears pressured to introduce these tax cuts to aid common citizens, suggesting a significant win for her administration.

The GST Council will decide on these tax changes in their upcoming meeting, with relief expected for millions if implemented.

(With inputs from agencies.)