GST on health insurance policies

Govt shows great effort to help sr citizens by listing in ayush maan bharat.
PM talks of jan seva shops for cheaper medicines.
Then why 18%GST is being levied on mediclaim installments.
Why sr citizens are not spared from it.
Today,s requirement is minimum 5lacs health insurance,because hospitals ask first about mediclaim policy.and use it as soon as possible. How much GST on 5 lacs premium of 75 years old person.
All hospitals are not covered with health insurance company, which provided us health cover.
50 thousand minimum deposit is generally taken at the time of matter your policy comes under cashless facility.
Reason given is always that reply by companies , we get late.
So Senior citizens have no option.
Negligence towards sr citizens can also be seen in this election too where in Congress declared 1 lac to woman but forgot sr citizens facilities like train fare concession, No GST, Free treatment.etc. more  

View all 7 comments Below 7 comments
It's high time to raise voice collectively against such wrong treatment for senior citizens. Senior citizens are incurring a huge expenditure for their health and imposing such a high GST add only pain to it. more  
It is easiest way to extort money from common man. Govt thinks that life insurance a d medical insurance policies are taken by those who are well off and worry too much about their lives. The service tax was introduced by Mr. P Chidambram, FM of congress on certain items. But the cost of governance shot up over the the years and successive governments covered many services. It's expected that govt will soon impose GST on oxygen being inhaled by Indian citizens to jack up revenue collection. more  
Hence please vote not for Fekuchand and party and vote for genuine candidate irrespective on party lines and make him accountable and questionable more  
Please mind your language - you are definitely following in the footsteps of your youth icon Shahzada who has no manners in public life. more  
definitely agree more  
Unfortunately Government is not interested in helping Senior Citizens but making their life miserable. Some of Anti Senior Citizen Policies are given below: 1. Existing facility of Senior Citizen Concession for train travel has been removed. In spite of numerous petitions to PM, Railway Minister and Ministry of Railways it is not restored. Even recommendation of Parliamentary Board to restore it have been ignored. 2. Senior Citizen Savings Scheme 2004 was started as Welfare Scheme to provide a regular income stream to retirees from Private Sector who do not get pension. Interest rate was 9% in 2004, which was increased to 9.3% in April 2015 to take care of inflation. In July 2015 it was reduced to 7.4%. After numerous petitions it is now 8.2% but still less than 9.3%. Interest income is taxable. Deposit limit was 15 lakhs per individual which is now increased to 30 Lakhs. 3. Senior Citizens who managed to own a home are burdened with 18% GST on their monthly contribution towards reimbursement of common expenses in Coop. Hsg. Society if it exceeds 7500. In large societies monthly maintenance expenses are more and increase manifold for painting, replacement of lifts etc. There was no service tax earlier. There should be no GST as Cooperative Housing Societies are not commercial or business entities, which has been confirmed by various High Court and Supreme Court judgements. 4. Senior Citizens with permanent disability exceeding 40% are not eligible for concession in Vande Bharat Trains. All petitions to PM and concerned Ministers over last 10 years have fallen on deaf ears. more  
Post a Comment

Related Posts

    • New insurance renewal scam

      My health insurance policy is due for renewal and yesterday and i received a call from someone who claimed to be from ICICILombard . The agent confirmed my details and also my policy details which ...

      By Sanjit Jha
    • Cigarette selling is permissible?

      If you go to cinema hall you will find lots of ads mentioning " smoking is injurious to health"... when govt. is displaying such ads., how they are allowing sell in the market...isn't contradictory...

    • Is selling cigarettes online permissible

      See attached this Blinkit is selling cigarettes online. Is there an age check. What if young 15 year olds are ordering and consuming them. If amazon flipkart big basket dont sell such pr...

      By Amit Mishra
    • Beware of calls from telecome dept

      Got a call from ‘Telecom Department’ that all phone numbers under my name will be blocked in 2 hours. And to press 9. Looks like a new scam

      By Sarita S
    • Misleading by water purification cos

      Water Purifier industry is almost a semi scam Mis-selling, fear mongering by both trade and brands. And looting in the name of service Aquaguard, Kent, Pureit are all the sam...

      By Shivani Khiste
    • gst on mediclaim

      abolition of gst on mediclaim is a long standing demand.for some reason if the unable to abolish the same they can reduce the rate,alternatively exempt the policies of senior citizens from ...

      By Suresh Dasarathy
    • You have 3 grace days after credit card payment due date

      Banks Have To Provide 3 Days Grace Period From The Due Date and if u make the payment within these 3 days late fee and interest has to be reversed. Attached RBI circular and link

      By Sobhita D
    • Mediclaim ageNts and customers

      Mediclaim policies,are increasing day by day.on line policies are also available.big market and big business.Due to frauds in hospitals, companies ChaNged rules. Main problem is that agents wh...

      By Satyapal Singh
    • Customer Compensation for Internet downtime

      As a broadband/optic fiber internet service subscriber, are you facing network issues ? I've been facing internet black out periods due to service provider issues. Though they resolve it in a ...

      By Prajith PS
    • Why electric scooters cost 4x in India

      In China these electric scooters cost as little as $300 that would be equivalent to approximately 25000, whereas in India it starts from 1lakh; what's the reason?

      By Reeta Kumar
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)