With the attempts to call attention on amplifying accessibility and affordability of healthcare by National Health Policy 2017, to every individual of the country, and the policy also focuses on hindrance of ruling out because of any reason such as economic, social as well as national health mission. But the current Good and service Tax bill have seemed to make it even more difficult mountain to climb through. India is one of the fastest growing healthcare markets on the plant which completely rely on skilled medical professionals and quality healthcare at an easily accessible cost to meet the demands of every individual. With the implementation of GST 2017, the healthcare cost is going to elevate higher as the service tax on medical equipment and services which have taken up by healthcare providers is going to fall between 12-18 percent. Listed, below are the impacts of Good and Service Tax 2017 on healthcare. · The latest GST has fixed 1...
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