A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.
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ITR marked invalid due to tech glitch? Income Tax Dept issues THIS big relief for taxpayers
Financial Express 29/07/2025
The move comes in response to grievances received by the Centralized Processing Centre (CPC) in Bengaluru, which highlighted that returns from various assessment years were wrongly invalidated due to system glitches.