Budget 2019: Will GST be removed on health insurance premium in the upcoming budget

Budget 2019 India: Union Budget 2019 India may give a fresh look at the health insurance industry paving way for lower cost in terms of premium paid towards medical insurance and giving incentives in terms of higher deductions from total income in order to boost the sector. The tax benefit under section 80D of the Income Tax Act, 1961, could be revised upwards. Currently, the maximum deduction is…