The life insurance industry witnessed a decline in new business premiums (NBP) in October 2025, primarily due to the recent Goods and Services Tax (GST) exemption on life insurance premiums.
Mumbai (Maharashtra) [India] July 21 (ANI/PRNewswire): A Travel, Hospitality and F&B collective by Entrepreneur's Organisation (EO) has requested the government to provide GST waivers among other demands to revive tourism in India.