ilmscore | Prediction Details
"if I were to talk about the latest announcement about GST, everyone knows that as well that GST rates have been cut for insurance from 18% directly to zero. That's only for individual policies though. But is that going to have a positive impact on this sector? Answer is yes."
By CA Rachana Phadke Ranade | October 10, 2025 | Incorrect
From video
Canara HSBC Life Insurance IPO | Top 3 points you must know | CA Rachana Ranade 00:06:02 - 00:06:16
Interpreted Prediction
The reduction of GST rates for individual insurance policies from 18% to 0% is expected to positively impact the insurance sector.
AI Evaluation Notes
GST rates for individual insurance policies did not decrease to 0% in India. The prevailing GST rate on insurance policies remains at 18% as of January 1, 2026.

Prediction Details

Topic
GST Impact on Insurance

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