SME Times is powered by   
Search News
Just in:   • Equity indices break two-day losing streak on value buying  • IMF urges Sri Lanka to tighten monetary policy  • Global semiconductor sales to reach $676 bn this year: Gartner  • Tinna Rubber hits upper circuit, investors accumulate 900% returns in year  • Availability of jobs in Japan improves for 1st time in 3 yrs 
Last updated: 27 Jan, 2022  

Healthcare.9.Thmb.jpg Incentivise investments in healthcare sector: Pre-Budget survey

Healthcare.9.jpg
   Top Stories
» Net direct tax collection reaches highest-ever figure in FY 22
» Musk has to manufacture here to sell Tesla cars in India: Gadkari
» Round tripping of industrial inputs by large players unfavourable to local value chains
» Sitharaman engages investors in Silicon Valley
» Modi hails India's success in achieving target of $400 billion of exports
SME Times News Bureau | 27 Jan, 2022
A pre-budget expectations survey on Wednesday showed increasing demand for incentivising investments in healthcare sector.

As per the Grant Thornton Bharat survey, nearly 58 per cent of the respondents believe that fiscal incentives will encourage private investment in the rural healthcare infrastructure.

"More than 55 per cent of the respondents feel that a mix of fiscal incentives and public-private partnerships will encourage private investments in the healthcare area," the survey report said.

"Permitting expenditure towards healthcare infrastructure as a corporate social responsibility (CSR) expenditure will provide an impetus to investments in rural areas."

Besides, more than 78 per cent expect more than 2 per cent of GDP as healthcare expenditure.

Furthermore, zero-rated Goods and Services Tax (GST) structure for healthcare services has emerged as a key demand, with nearly 78 per cent of respondents favouring such a regime.

According to Bhanu Prakash Kalmath S.J., Partner and Sector Leader - Pharma & Healthcare, Grant Thornton Bharat: "Availability, accessibility and affordability have been the focus of the government and an increase in healthcare budget allocation to at least 3 per cent of the GDP over the next few years will provide the desired impetus."
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 27 Apr, 2022
  Daily Poll
COVID-19 has directly affected your business
 Yes
 No
 Can't say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter