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  • News From Press GST paid on life, health cover premiums are eligible for tax deduction benefits

    GST paid on life, health cover premiums are eligible for tax deduction benefits

    Source: Mint Feb 20, 2020

    The season for submitting proof of investments in tax-saving products has already set in and, in all probability, your employer would have already asked you to furnish them. While it’s common knowledge that premiums paid for life as well as health insurance give tax benefits under Sections 80C and 80D, respectively, did you know that you can also claim deduction on the tax paid on these premiums?

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