Question

    The GST Council is considering reducing GST on health insurance from 18% to:

    A 10% Correct Answer Incorrect Answer
    B 12% Correct Answer Incorrect Answer
    C 5% Correct Answer Incorrect Answer
    D 15% Correct Answer Incorrect Answer
    E 7% Correct Answer Incorrect Answer

    Solution

    One of the options being considered by the GST Council is reducing the GST rate on health insurance premiums from 18% to 5% to make health insurance more affordable.

    Practice Next

    Relevant for Exams: