GST Council Forms GoM to Review Insurance Tax Rates, Cuts GST on Cancer Drugs and Namkeens
New Delhi, Sep : During its 54th meeting, the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, decided to establish a Group of Ministers (GoM) to review tax rates on life and health insurance policies. The council also announced a reduction in the Goods and Services Tax (GST) rates for cancer drugs and…