GST Breakthrough: Gene Therapy Becomes Tax-Free Farhat Nasim18 Jan 2025 8:29 PM ISTNew Delhi: Patients battling cancer and rare diseases are expected to take a sigh of relief as the Government of India has exempted gene therapy...
GST Council to Discuss Lowering Rates on Health Insurance to 5% Farhat Nasim18 Dec 2024 5:33 PM ISTNew Delhi: In a move that will significantly reducing the financial burden on policyholders, the Group of Ministers (GoM) on Health Insurance has...
GST Council sets up GoM to review 18 per cent GST on health, life insurance Kajal Rajput10 Sept 2024 5:00 PM ISTNew Delhi: A Group of Ministers (GoM) has been assigned to review the GST rates applicable to medical insurance and submit a report by the end of...
GST Council likely to exempt IGST on cancer drug Dinutuximab import Ruchika Sharma7 July 2023 2:30 PM ISTImport of cancer medicine Dinutuximab (Qarziba) by individuals for personal use attract a 12 percent IGST.
GST application makes AIIMS Delhi Private wards costlier MD Bureau22 July 2022 1:00 PM ISTThe charges for A class (deluxe room) at AIIMS will now be Rs 6300 per day. Patients have to pay 10 days advance deposit of Rs 66,000, including 5 per...
IMA urges Finance Minister Nirmala Sitharaman to grant GST Exemption for Healthcare services Revu suresh19 July 2022 6:00 PM ISTThe healthcare system of the country is already not on track owing to meagre government spending on health, adding people largely are dependent upon...
5% GST on Hospital rooms above Rs 5000 per day will not impact affordability of Healthcare: Revenue secretary Medical Dialogues Bureau6 July 2022 3:45 PM ISTRevenue Secretary Tarun Bajaj rejected the proposal for zero rating for the healthcare sector.
First-time Tax on Healthcare Services: Now 5% GST on hospital rooms above Rs 5000 per day, NO input Credit claim for hospitals Medical Dialogues Bureau30 Jun 2022 1:14 PM ISTThe Goods and Services Tax (GST) Council has decided to impose 5 % GST on hospital room rent (excluding ICU) exceeding Rs 5,000 per day per patient...
GST dept may soon clarify on exemptions to IVF, ART and tax on honorarium to guest anchors Medical Dialogues Bureau27 Jun 2022 5:22 PM ISTThe Fitment Committee has informed the GST Council that healthcare services provided by a clinical establishment, an authorized medical practitioner...
Reduced GST rates on COVID drugs extended till December Ruchika Sharma18 Sept 2021 5:44 PM ISTLucknow: The GST Council on Friday extended concessional tax rates on COVID-19 medicines, cut tax on cancer drugs and waived GST on import of highly...
NBE not to charge GST for Medical Entrance Tests, Admission, Clarifies CBIC Barsha Misra20 Jun 2021 6:32 PM ISTNew Delhi: Bringing big news to medical aspirants and students all across the country, the Central Board of Indirect Taxes and Customs (CBIC) has...
Now Tocilizumab, Amphotericin B tax-free, GST Council reduces tax rate on COVID essentials, Details Farhat Nasim12 Jun 2021 7:55 PM ISTNew Delhi: The Goods and Services Tax (GST) Council on Saturday has announced a significant reduction in the tax rate to 5 percent on 14 major...
