GST 2.0: Will lower rates make insurance, cars affordable and push GDP growth higher?

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The proposed GST 2.0 overhaul could bring welcome relief to insurance buyers, with potential cuts or exemptions on premiums. However, industry leaders like Tarun Chugh, MD & CEO of Bajaj Allianz Life Insurance, caution that the real benefit will hinge on how input tax credits are treated under the new structure.