The GST Council is expected to provide relief to individuals and senior citizens by reducing the GST rate on health insurance premiums from 18% to zero, sources indicate.
However, the 18% rate on group health insurance premiums is likely to remain unchanged. The Council may also discuss imposing a tax on online payments above Rs 2,000. A report on revenue implications for health, life, and reinsurance premiums will be reviewed before final decisions are made.