GST slab changes unlikely soon

Aug 22: Before the crucial Goods and Services Tax (GST) council meeting scheduled for September 9th, the reconstituted Group of Ministers on GST for rate rationalisation met for the first time on Thursday.West Bengal finance minister Chandrima Bhattacharya says she has put in a request to reduce GST rates of 18 per cent on life and health insurance premiums.”I have placed the request of reducing GST on life and health insurance. I have been told that the fitment committee is looking into it.”Krishna Byre Gowda, Karnataka Minister said, “We have discussed the issue of relaxation in GST rates on insurance; we have asked for more data on it”