Insurance sector needs a lower Gst rates to encourage social security
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The government should be applauded for the efforts in rolling out the gst and making the nation progress. The insurance sector though needs a big push with even prime minister taking a great initiative in that . The gst in insurance policy has been increased though from 15 percent to 18 percent thus making the insurance policies expensive. We need to increase the social security of the families and by increasing the taxes in an essential service would not help the cause . My prayers to the honourable finance minister is to help get india secured rather than making it expensive
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