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In its submission to the finance ministry on Wednesday , the industry body said that the healthcare sector has not been able to derive the benefits of the GST transition in comparison to other sectors. In fact, the embedded taxes in the sector have increased in the post-GST regime compared to pre-GST period, it noted.
Source: The Economic TimesCategories: Healthcare Professionals, Latest HeadlinesTweet
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Mashup Score: 0FICCI seeks zero-rating GST on healthcare for service providers to claim input tax credit - 2 year(s) ago
The Federation of Indian Chambers of Commerce and Industry (FICCI) is of the view that enabling this would not only ensure that the Input Tax Credit chain is intact but will also make compliances easier and ensure that the input taxes are not loaded into the cost of healthcare services.
Source: TimesNowCategories: Healthcare Professionals, Latest HeadlinesTweet
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Senior doctors and administrators from leading private hospitals in the national Capital said the worst hit by the council’s decision will be the middle-income healthcare seekers
Source: Hindustan TimesCategories: Healthcare Professionals, Latest HeadlinesTweet
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Earlier this week, West Bengal finance minister Amit Mitra wrote to Sitharaman asking her to convene the GST Council meeting immediately as states were expecting an alarming shortfall in GST compensation revenue because of the Covid-19 pandemic.
Source: Hindustan TimesCategories: Healthcare Professionals, Latest HeadlinesTweet
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Mashup Score: 0The healthcare sector urgently needs a GST fix - 3 year(s) ago
Presently, the healthcare services provided by a clinical establishment, authorized medical practitioner or paramedics, are exempted from GST.
Source: The Economic TimesCategories: Future of Medicine, Latest HeadlinesTweet
#India #Budget2023: @nathealthindia seeks rationalisation of #GST for #healthcare sector https://t.co/kFMvgZ4WsH