{"id":74363,"date":"2025-11-11T15:31:03","date_gmt":"2025-11-11T10:01:03","guid":{"rendered":""},"modified":"2025-11-11T15:31:03","modified_gmt":"2025-11-11T10:01:03","slug":"gst-reduction-new-life-insurance-business-premium-touches-rs-34-007-cr-in-october","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=74363","title":{"rendered":"GST reduction: New life insurance business premium touches Rs 34,007 cr in October"},"content":{"rendered":"<p>GST reduction: New life insurance business premium touches Rs 34,007 cr in October<BR>GST<BR>Dated:- 11-11-2025<BR>PTI<BR>Kolkata, Nov 11 (PTI) India&#39;s life insurance sector continued its double digit growth for the second month in a row, with new business premium up by 12.1 per cent year-on-year touching Rs 34007 crore in October, 2025, CareEdge Ratings said on Tuesday, quoting data provided by Life Insurance Council and IRDAI.<br \/>\nThis represents a significant rebound from 5.2 per cent decline in August 2025. The rise was mainly driven by strong performance in the individual segment, particularly non-single premium policies, indicating growing demand for recurring products.<br \/>\n\tIn addition to the above, the recent reduction in GST on individua<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/news?id=61271\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GST reduction: New life insurance business premium touches Rs 34,007 cr in OctoberGSTDated:- 11-11-2025PTIKolkata, Nov 11 (PTI) India&#8217;s life insurance sector continued its double digit growth for the second month in a row, with new business premium up by <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-74363","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/74363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74363"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/74363\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}