Oppn slams govt for not withdrawing GST on health, life insurance premiums

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Oppn slams govt for not withdrawing GST on health, life insurance premiums - Business Standard

Quick Summary:

Opposition MPs staged a walkout from Lok Sabha after an amendment moved by RSP member N K Premchandran seeking removal of 18 per cent GST on medical and life insurance premiums was not taken up by the House during the passage of the Finance Bill.

Opposition members in Lok Sabha on Wednesday slammed the government for not taking up an amendment in the Finance Bill to withdraw the 18 per cent GST levy on medical and life insurance premiums.

"Specific demand of the entire opposition is to withdraw the 18 per cent GST on life and health insurance schemes for which I had given an amendment.