TCS
TCS
on
ZestyPanda
ZestyPanda
5mo
by

HIS policy amount reduction in TCS due to 0% GST on health insurance?

Will tcs reduce the HIS policy amount? I still can’t see any change in the total amount!!!

5mo ago
MagicalWaffle
MagicalWaffle
5mo

No, GST rate reduction applicable only for individual policy not for group policy so corporate employee will not get benifits of GST reduction. Neither in this year not in next year

ZestyPanda
ZestyPanda
5mo

I was thinking the same. This might be the reason it’s still showing old amount.

SnoozyPanda
SnoozyPanda
5mo

Not only Health insurance any product those who think price will be decreased they are 🤡

ZestyPanda
ZestyPanda
5mo

Yes, they simply increased the base price.

DizzyPretzel
DizzyPretzel
5mo

They will increase the base so the gst will be adjusted.

SwirlyPanda
SwirlyPanda
5mo

Will be applicable from next year. But don't expect huge benefit as companies are increasing base price because of loss of input tax credit.

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