TMC wrote a letter to the Finance Minister, demanding the repeal of 18% GST rate on health-life insurance premiums

TMC leader Derek O'Brien has requested Union Finance Minister Nirmala Sitharaman to immediately review the 18 percent GST on health and life insurance premiums in the upcoming GST Council meeting. He urged that it be withdrawn. In a letter written to Sitharaman, the TMC leader sought the withdrawal of GST on health and life insurance premiums.

Derek O'Brien said, "18 percent GST on health and life insurance premiums are big burdens on 45 crore Indians of the middle class. The insurance schemes bring financial security at times of crisis." He pointed out with his concern, "By imposing high GST rates over health and life insurance, many people won't be able to opt for the insurance schemes.". Also, many people will not be able to renew their policy. Many middle-class people are getting affected by this.

Derek O'Brien said that TMC including other opposition parties raised this issue in Parliament. West Bengal Chief Minister has written a letter to the Finance Minister to remove the GST on insurance premiums. O Brien also quoted a letter from the Union Road Transport and Highways Minister, Nitin Gadkari, in which he wrote about the grievances of the Nagpur Division Life Insurance Corporation Employees Union.