Lately, there have been multiple demands to exempt term life insurance premiums from the ambit of GST (Goods and Services Tax ...
The report said that after the removal of GST, the average health insurance cover increased from Rs 14.5 lakh in the pre-GST ...
Data shows average sum insured jumps 31 per cent as buyers shift to larger covers, multi-year plans gain traction and demand ...
The GST Group of Ministers (GoM) has today proposed to completely exempt premiums paid towards health and life insurance policies from the GST levy, ET reported. While this may seem like a great move ...
The Supreme Court ruled that leasing residential premises for hostels qualifies as renting for residence. GST exemption applies where the end-use is residential, even through ...
Jay D. Waxenberg, Andrew M. Katzenstein and Maggie Mouradian of Proskauer Rose write: Dynasty trusts for the benefit of succeeding generations are standard tools in every estate planner's toolkit.
As 2025 draws to a close, the Indian insurance industry has traversed a period of significant transformation - shaped by bold ...
The American Institute of CPAs asked officials in the Treasury Department and the Internal Revenue Service for changes in the final regulations governing generation-skipping transfer tax exemptions.
GAAR held that plantation and maintenance of trees undertaken by a charitable trust registered under Section 12AB of the ...
In Private Letter Ruling 202539002 (July 1, 2025), a taxpayer made indirect skip gifts to a trust and split the gifts with his spouse. Their accounting firm filed a Form 709 for that year, but didn’t ...