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ICICI Prudential Welcomes GST Exemption on Life Insurance

Story Highlights
  • ICICI Prudential Life Insurance operates in the life insurance industry.
  • GST exemption on life insurance policies is expected to boost demand and impact the company’s value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ICICI Prudential Welcomes GST Exemption on Life Insurance

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The latest announcement is out from ICICI Prudential Life Insurance Co. Ltd. ( (IN:ICICIPRULI) ).

ICICI Prudential Life Insurance Company Limited announced that the GST council has exempted individual life insurance policies from GST starting September 22, 2025. This reform is expected to make life insurance more affordable, boost demand, and positively impact the company’s Embedded Value by approximately 1%, benefiting stakeholders and enhancing market penetration.

More about ICICI Prudential Life Insurance Co. Ltd.

ICICI Prudential Life Insurance Company Limited operates in the life insurance industry, offering a range of life insurance products. The company focuses on providing affordable and accessible insurance solutions to enhance insurance penetration in India.

Average Trading Volume: 36,066

Technical Sentiment Signal: Hold

Current Market Cap: 884B INR

See more insights into ICICIPRULI stock on TipRanks’ Stock Analysis page.

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