Monday, January 14, 2008

Need to abolish service tax on health insurance in India

The budget exercise of Indian Government for the year 2008-09 is on and indications are that service tax on health insurance will be abolished.

Seeing the importance of health insurance and very low penetration in India it is worthwhile for the Finance Ministry to abolish this tax on all policies whether individual,family or group. This should be done for next 10 years.

Healthy people build strong nation and this can be the support from the government towards achieving the objective.

1 comment:

stunner2 said...

how do u see growth of MBBS MBA (HEALTHCARE)in TPA N INSURANCE?