This site is intended for Healthcare professionals only.
×

Finance Ministry clarifies on service tax on healthcare


Finance Ministry clarifies on service tax on healthcare

Playing down the buzz in social media, the government made it clear that there is no proposal in 2017-18 Budget to levy 5 percent service tax on healthcare services.

“The central government has clarified that there is no proposal in the Union Budget 2017-18 to levy 5 percent service tax on healthcare services, as reported in certain social media circles,” a Finance Ministry statement said.

The clarification follows a tweet claiming that the government has imposed service tax on healthcare.

The proposal to levy service tax of 5 percent on all healthcare services was mooted in 2011-12 Budget, but was dropped after stiff opposition.



Source: PTI
1 comment(s) on Finance Ministry clarifies on service tax on healthcare

Share your Opinion Disclaimer

Sort by: Newest | Oldest | Most Voted
  1. Some solace.Sensible,since cost of treatment has been creeping up even otherwise.