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GST to replace 8 taxes imposed on healthcare & pharma: Dr GSK Velu

30 - May - 2017

The Union government’s Goods and Services Tax (GST) will reform the taxation structure since eight different types of taxes are imposed on the healthcare and pharmaceutical industry at present. An amalgamation of all these taxes into one uniform tax will ease the process of operating businesses in the country by simplifying administration and enforcement since there is no double taxation.

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