Wed Sep 03 18:24:21 UTC 2025: Okay, here’s a summary and a news article based on the provided text:

**Summary:**

The Goods and Services Tax (GST) on health and insurance products has been reduced from 18% to 0%. This represents a significant change to the GST rate structure.

**News Article:**

**GST Council Slashes Tax on Health and Insurance Products to Zero**

**[City, Date]** – In a move hailed as a major boost for accessibility to vital services, the GST Council has announced a complete removal of the Goods and Services Tax (GST) on health and insurance products. The previous rate of 18% has been reduced to zero, effective immediately.

The decision, announced [mention where the announcement was made if known, e.g., after the GST Council meeting], is expected to significantly lower the cost of healthcare and insurance premiums for consumers across the country. [add a quote by relevant official if available].

[add a sentence about the effect on healthcare industry, if known].

Industry experts anticipate that this tax cut will lead to increased uptake of insurance policies and make healthcare more affordable for vulnerable populations. The move is seen as a significant step towards improving public health and financial security.

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