ilmscore | Insurance Premiums Predictions
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Insurance premiums are unlikely to decrease by the full 18% GST reduction. The benefit passed to consumers will be less than 18%, with a possibility of a 5-7% increase in premiums due to the inability to claim input tax credit.
"Now ideally what should happen? Ideally your GST premium should come down directly by 18%. So assume..."
Sep 4, 2025
Pending