Question
What is the applicable Goods and Services Tax (GST) rate
for corporate guarantees between parent and subsidiaries, as implemented by the Central Board of Indirect Taxes and Customs?Solution
The Central Board of Indirect Taxes and Customs (CBIC) has implemented an 18% Goods and Services Tax (GST) on corporate guarantees involving related entities, such as parent companies and subsidiaries, effective from October 26th 2023. The notification gives effect to the decision announced by the GST Council on October 8th 2023.Â
 General insurance public sector association (GIPSA) is an association of four public sector general insurance companies?
Which of these changes would typically require an endorsement?
The General Insurance Business in India was nationalized in which year?
Which of the following is NOT a typical type of insurance claim?
A policy that covers loss or damage to a householder's property is:
Written words in a policy take precedence over:
Which type of risks are not insurable ?
In 2016 , First IPO launched by which insurance company ?
Which of the below option best describes the process of insurance?Â
A policy that covers jewellers against various risks, including theft, robbery, and damage to jewellery, is: