SBI Life Sees Opportunity in GST Reduction on Life Insurance Policies

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announced that GST on individual life insurance policies will be reduced effective September 22, 2025. The company expects a minimal impact of less than 0.2% on Embedded Value, while anticipating the reform will boost demand and enhance long-term value creation. SBI Life is updating its products and processes to ensure a smooth transition, positioning the move as a step toward greater affordability and accessibility in insurance.