Team Herald
PANJIM: Chief Minister Pramod Sawant has been appointed as one of the members on Group of Ministers (GoM) on life and health insurance to look into the issues related to GST on life insurance and health insurance.
The committee will examine and review the present tax structure of GST on life and medical insurance and suggest GST rates on health/medical insurance including individual, group, family floater and other medical insurance for various categories like senior citizens, middle class, persons with mental illness, etc.
The GoM will submit its report by October 30 this year.