The Lok Sabha passed the budget proposals minus the 5% service tax on healthcare and diagnostic services provided by high-end hospitals that was withdrawn following widespread criticism.

Finance Minister Pranab Mukherjee , however, indicated the levy, dubbed as ‘misery tax’, may be back once the comprehensive goods & services tax is rolled out.

“The purpose of the new levy was not merely to mobilise revenue, but to pave the way for the introduction of the GST ,” Mukherjee said on Tuesday.

More Under Service Tax

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

September 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
27282930