18 percent GST is charged on medical insurance and life insurance. This has led to additional expenses for subscribers availing this insurance. The opposition parties have been insisting for its complete cancellation. Meanwhile, the Parliament is going to discuss the budget today.
Meanwhile, the All India MPs led by Rahul Gandhi are protesting in front of the entrance of the Parliament complex. They carried placards with slogans like Abolition of Tax on Medical and Health Insurance.
Union Minister Nitin Gadkari has already written a letter to Union Finance Minister Nirmala Sitharaman in this regard. As a result of which the central government is protesting against the GST tax on insurances, MPs from India are protesting today.
