Published on February 2, 2022
Mr. Mithun Majumdar, Co-Founder, 750AD Healthcare Pvt. Ltd.
The new tax regime does not allow 70 tax exemptions and deductions like 80D (which allows tax deduction on premium for medical insurance). This has been developed with the view of encouraging people to go for lower tax rates. Also, the new healthcare schemes such the National Digital Health Ecosystem, National Tele Mental Health program focused on the digital registries of health providers and health facilities, unique health identity and universal access to health facilities including mental health becoming the key focus, are some of the significant steps for the Indian healthcare system. Lastly, with a GST collection of Rs. 1.4 lakh crore, highest till now, the budget 2021 has proven itself to be a Once-in-a-century-Budget (as said by Nirmala SItaraman) and hopefully will continue in 2022.