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As reported in August 2025, the GST Group of Ministers (GoM) proposed to completely exempt premiums paid towards health and life insurance policies from the GST levy. What was the GST rate levied on health insurance premiums in India prior to this proposed exemption?
5%
10%
18%
12%
18%
Practice and solve "As reported in August 2025, the GST Group of Ministers (GoM) proposed to completely exempt premiums ..." for General Awareness and Current Affairs - Previous Year Paper 2024. The correct answer is Option C: 18%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "As reported in August 2025, the GST Group of Ministers (GoM) proposed to completely exempt premiums ..." for General Awareness and Current Affairs - Previous Year Paper 2024. The correct answer is Option C: 18%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.