LIC hopes it can off-set GST hit by managing expenses, selling more policies(Soban News)

While some private insurers are reconsidering commission payouts to offset the loss of input tax credit, LIC said it will pass the full benefit to customers through premiums and will not shift any GST burden onto intermediaries.

​While some private insurers are reconsidering commission payouts to offset the loss of input tax credit, LIC said it will pass the full benefit to customers through premiums and will not shift any GST burden onto intermediaries. by Soban News (international And National News)