Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: Central Excise rule to resale the machines to a new company :: cpt :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: VAT RATES :: form 3cd :: TDS :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: VAT Audit :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
Service Tax »
 GST now set for July 1 roll-out, dual control hurdle finally over
 Grant of Registration under DVAT and CST
 Do not raise service tax, says Chamber
 Excise, service taxpayers to migrate to GST portal by Jan 31
 Centre, state governments work on formula for 'GST on high seas'
 What is service tax?
 Tax to bring transparency, benefit companies operating in state, says Gujarat CM Vijay Rupani
 PAN a must for excise, service taxpayers for GST registration
  Service Tax for Internet Based Services in India from December 2016
 Way ahead for GST with certain provisions
 Goods And Services Tax (GST) Rollout Unlikely Before June-July

FICCI appeals to FM Pranab Mukherjee to roll back the service tax
March, 07th 2011

The Federation of Indian Chambers of Commerce and Industry (FICCI) has expressed concern at the budget proposal to levy a 5 per cent service tax on treatment and health check-ups at centrally air-conditioned private hospitals (with 25 beds or more) and diagnostic labs, as this would compromise on the quality and safety of healthcare delivery, jeopardise preventive care and have an adverse impact on the rural population.

The FICCI has appealed to Union Finance Minister Pranab Mukherjee to roll back the service tax and accord infrastructure status to the health sector.

It pointed out that the levy would have a negative impact across the healthcare spectrum.

Citing some examples, it said that air-conditioning in hospitals was an essential need, not a luxury. This was substantiated by the National Accreditation Board for Hospitals guidelines, which do not provide accreditation to hospitals without central air-conditioning, for split or window air-conditioning increases the risk of infection in the hospital. The service tax measure would deter hospitals from going in for central air-conditioning, leading to an increase in the already high infection rates in many of the hospitals.

A reduction in the overall funding for the National Health Programmes, coupled with an increase in diagnostic costs, would neutralise the negligible efforts made towards preventive care and further increase the burden on the secondary and tertiary care.

The 20 per cent increase in the current allocation for health is misleading, as nearly 80 per cent of the health expenditure is found to be financed out of one's own pocket. The rural population has increasingly been affected by onset of non-communicable/life style diseases. Most rural patients seek treatment at the tertiary care hospitals in the cities by mortgaging their personal assets.

Any increase in healthcare costs, as would be inevitable with the tax levy being passed on to the patients, would push them to the brink.

This would add to the 3.3 per cent of the population which is pushed below the poverty line due to the healthcare burden.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multimedia Presentations Multimedia Solutions 3D Solutions Corporate Presentations Business Presentations Multimedia Presentation India M

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions