The Goods and Services Tax (GST) Council on Friday exempted healthcare from the tax, which is scheduled to kick-start from July 1, Finance Minister Arun Jaitley said on Friday.
The goods and services tax is slated for launch from July 1 which is India’s biggest tax overhaul since independence.
With the GST, India will join select league of nations with a goods and service tax. France was the first country to implement the GST in 1954.
Union Finance Minister Arun Jaitley with MoS Santosh Gangwar and Reneue Secretary Hasmukh Adhia addressing a press conference on the firsrt day of the 14th Goods and Services Tax (GST) Council at SKICC in Srinagar on Thursday. PTI Photo