Development · 11 Oct 2026
2 publishers have reported this development. Each act of reporting is below, cited.
The GST Council, in its 57th meeting held on Thursday, cleared a proposal to permit employers to claim input tax credit on premiums paid for insurance coverage provided to employees.
The GST Council may allow input tax credit on group health and life insurance premiums paid by employers and motor vehicles taken on lease, rent or hire at its upcoming meeting on Oct. 7.
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