Advertisement
Pranab Mukherjee's 5% service tax on healthcare will backfire

Pranab Mukherjee's 5% service tax on healthcare will backfire

Pranab Mukerjee's decision to impose a 5 per cent service tax on healthcare services has been promptly called a 'no-ball' by observers.

Did Finance Minister, Pranab Mukherjee, overstep this time? Pranab Babu's decision to impose a 5 per cent service tax on healthcare services has been promptly called a 'no-ball' by observers.

We hear that the matter is now being reviewed under the government's own referral system. Let's wait till the debate on the budget in Parliament for the final outcome.