What reasons so high GST on Insurance
These insurance premiums can't and must not be treated as the bread earners (like petroleum) for governments. They to penalise us so much. A medical premium of Rs. 2000 (which can help the family going from losing future savings) cost Rs. 360/- as GST. While a food in restaurant costs only Rs. 100/- for same amount spent.
It may not have big impact on high earners, but for lower middle class and middle class, its a big big loss / expense.
Even govt can think of imposing different GST slab based in different taxable earning slabs peoples.
Govt. Please think to give us relief. I assure this will help in terms of favourable vote in future.
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