Mysuru: Demanding removal of GST (Goods and Services Tax) on Insurance Policy premiums, Life Insurance Corporation (LIC) Employees staged a demonstration in front of the main office at Millennium Circle on Mysuru-Bengaluru…
Mysuru: Demanding removal of GST (Goods and Services Tax) on Insurance Policy premiums, Life Insurance Corporation (LIC) Employees staged a demonstration in front of the main office at Millennium Circle on Mysuru-Bengaluru Road and at five other branches in city on Tuesday.
Expressing opposition to bring Insurance premiums under the GST ambit, the employees said that the 18 percent GST in Term Insurance, Health Policy and ULIP Policies was too much.
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