unionbudget2023
By Archis Chowdhury An old open letter by Dr Devi Shetty, the founder of Narayan Health, opposing the service tax on healthcare, is being falsely shared on social media as a recent opposition by the doctor-entrepreneur against healthcare service tax by the Narendra Modi-government. BOOM found that the letter dates back to 2011, with Shetty opposing the service tax on healthcare introduced by the UPA-2 government. Furthermore, service tax has been phased out in India since the rollout of Goods and Services Tax (GST) in 2017. The open letter was shared widely my multiple Twitter users, including...
BOOM Live
By Archis Chowdhury The 2023-2024 Union Budget announcement by Finance Minister Nirmala Sitharaman saw some major changes - especially in taxation - with strong incentives provided to push tax payers to the new tax regime. Furthermore, the finance minister outlined seven priorities in the budget announcement: inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector. Here are the top takeaways from her speech: 1. TaxationSitharaman announced some major changes to existing tax structure, with increased ...
BOOM Live
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