Who will review tax rates on health and life insurance

1. The Group of Ministers (GoM) will review tax rates on health and life insurance to assess the impact on policyholders and the insurance industry. 2. The review aims to evaluate if the current tax structure is conducive for promoting insurance penetration and increasing coverage among individuals. 3. The GoM will analyze how tax rates influence the affordability of insurance products and assess if any changes are needed to make policies more accessible to a wider population. 4. The review may lead to recommendations for potential modifications in tax rates to benefit policyholders and encourage more people to invest in health and life insurance. 5. The findings of the review will help in enhancing the overall insurance ecosystem in the country.