📊India’s GST revamp trims slabs to 5% & 18% (40% on luxury).
🛒 Essentials ease up.
🛡️ Insurance turns GST-free (earlier 18%).
💰 Example: ₹10L cover (~₹15K premium) saves ~₹2.7K/yr if passed on.
A breather for budgets, a push for protection.
#GSTReforms #Insurance
CEO at @BankBazaar. Helping customers access the right financial products. My book on personal finance: amzn.to/3Gmr7zn

