By Debdeep Gupta | 04 Sep, 2025
HDFC Life, SBI Life, LIC, Star Health & other insurance stocks surge 2-3% on new GST rates
Shares of HDFC Life, SBI Life, Life Insurance Corporation of India (LIC), ICICI Prudential Life, New India Assurance, ICICI Lombard, Star Health surged in the range of 2-3 percent on September 4 after the 56th GST Council, chaired by finance minister Nirmala Sitharaman, slashed tax rates on individual health and life insurance premiums, cutting the tax from 18 percent to zero.While this poses as a...
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