{
  "id": 12934392,
  "title": "GST reforms 2026: Employers get ITC on employee health, life insurance premiums",
  "url": "https://urgent.news/2026/10/08/gst-reforms-2026-employers-get-itc-on-employee-health-life-insurance",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T19:02:58.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/policy/gst-reforms-2026-employers-get-itc-on-employee-health-life-insurance-premiums/articleshow/134799420.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "The GST Council has recommended allowing employers to claim input tax credit on GST paid for health and life insurance policies taken for employees. The move could reduce the effective cost of employer-sponsored coverage, particularly benefiting small businesses, while making group health insurance more affordable and improving employee benefits.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}