The GST Council is considering a rate cut on health and term insurance, potentially making premiums more affordable. While a full exemption could lower premiums significantly, it may create a revenue shortfall for the government. Insurers might face short-term profitability pressures due to slower repricing, but long-term benefits include increased insurance penetration.from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/yiNPWoL