“There was already tax on…” FM Sitharaman slams Oppn for questioning 18% GST on health insurance

During a Lok Sabha debate on August 7, 2024, Finance Minister Nirmala Sitharaman responded to concerns about the 18% GST on health insurance. She pointed out that the tax on medical insurance predates GST and challenged critics, asking if they had attempted to remove this tax in their respective states before opposing it now.
Addressing the House, FM Sitharaman said "I want to raise two important points - tax has been there on medical insurance even before the introduction of GST. Before the GST was introduced, there was already a pre-GST tax on medical insurance. This is not a new issue, it was already there in all the states. Those protesting here... did they discuss regarding the removal of this tax in their states?"

#HealthInsurance #OtherStates #NirmalaSitharaman #Opposition #LokSabha #Schools
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[iamparijatchatterjee]

Any type of tax on health and life insurance should be banned. Neither the Centre, nor the STATES should impose tax on it

[hotpot]

Bharat me short term memory wale log hai, bhul jate hai pehle kya tha.

Abb bhi Petrol ke rate kam kiye ja sakte hai, but states ko higher % wala VAT chahiye uspe GST lagane nahi dete.

[sjp]

I am so glad people are now asking the right questions 1) More Taxes then why not better services ?
2) Why is unconstitutional waqf board still there?
If you start asking questions to the government they have to work in that direction.

[sisirincome]

GST is 18%. Earlier it was 12% pre GST.

[ashokanand]

Madam GST of 18 percent on the abnormal increase in health insurance premium is killing the senior citizens and honest tax payers. Can you please wave or reduce it to the minimum.

[gauravsagar]

She is a mental patient, and it's horrible that is running the finances of our country...😢😢

[snk]

She can be considerate and kind..not so arrogant. She shud have taken. Care and taught lessons to state .

[kiddo_vlogger]

Instead of removing the tax, you added!! And you’re proudly telling it.. shame

[sayakbhattacharyaa]

Govt should expose indi gathbandhan like this

[NewEraThought]

That's why I reasearch before supporting any issue,
Education is important to take criticism.

[Oparmy]

Medical insurance should be 100% tax free

[nischuAnchan]

Damn 😂 I think she got fed up with the memes

[sandeepkothari]

Instead of providing quality healthcare to tax payers, govt wants to charge GST on insurance. This is ridiculous

[dwarakaaragola]

If GST was there before ALSO on Medical insurance ... Now you give exemption atleast for senior citizens, who are paying exorbitant premiums year on year but not claimed any bills as they are healthy enough & have not even hospitalised.... Your no claim bonus is pea nuts....

[shivasai]

But govt would have decreased it. I paid gst 4800/- for the health insurance for my parents. Would have made 12% atleast

[sk-pdpq]

Opposition is having double standards on every issue

[dibyaranjanpatra]

Her hindi is very interesting to listen 😊

[hemja]

Okay you can do what is right. Instead of continuing the wrong. We pay 18% for a premium which is already high for senior citizen

[Ram-greatest]

I am not against any budget but if you are taxing this much then facilities and infrastructure should be on that level.

[mehulsinghtomar]

Then why don't you abolish this tax? Is the main question.