{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5d5d3d40807cec591cd77e01/6745691db13ef502b72c17d7?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"GST Council to Deliberate Rate Reductions for Health and Life Insurance on December 21st","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5d5d3d40807cec591cd77e01/1732602131918-4c3a1f07-58f8-42eb-81e8-6f165eb07926.jpeg?height=200","description":"<p>This post also covers the upcoming GST Council meeting on December 21st, which will discuss potential rate cuts for health and life insurance. The meeting, scheduled to take place in Jaisalmer, will be chaired by Union Finance Minister Nirmala Sitharaman, along with state finance ministers. Key discussions will focus on rate rationalization, including the proposal to reduce GST on several essential goods from the current 12% bracket to 5%, based on recommendations from the 55th GST Council's board of state ministers. Currently, the GST system operates under a four-tier tax structure with rates of 5%, 12%, 18%, and 28%. <a href=\"https://saginfotech.blogspot.com/2024/11/gst-council-meeting-21st-dec-discuss-rate-cuts-health-life-insurance.html\" rel=\"noopener noreferrer\" target=\"_blank\">https://saginfotech.blogspot.com/2024/11/gst-council-meeting-21st-dec-discuss-rate-cuts-health-life-insurance.html</a></p>","author_name":"Amit Gupta"}