The GST Council’s move to exempt retail health and life insurance from 18% tax will lower premiums, boost affordability, and accelerate penetration, positioning insurers for stronger growth despite short-term transition disruptions and ITC-related adjustments.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong