Two reasons why it is time to give tax relief for health insurance

Insurance companies have a reason to smile, thanks to the GST Council decision not to press taxes on reinsurance commission and on co-insurance premium. With one stroke, the council of state ministers and the finance minister ended a vexing tax issue running into thousands of crores of rupees. It was a substantial liability with the potential to make the business itself unviable. Now that the industry has overcome the concern of taxation, it may