Increased GST Burden On Elder Care Services Makes Elders Frail!

While other similar market segments, such as caregiving or home visits from nurses, have been freed of tax burdens, at-home elder care continues to be taxed at a rate of 18 per cent – a factor affecting the decision-making process of millions of seniors throughout the country causing inconvenience, stress, and anxiety

With the upcoming rise of professional elder care providers in India, it is unfortunate that a large proportion of the elderly population are still unable to make use of such services. While other similar market segments, such as caregiving or home visits from nurses, have been freed of tax burdens, at-home elder care continues to be taxed at a rate of 18 per cent – a factor affecting the decision-making process of millions of seniors throughout the country causing inconvenience, stress, and anxiety.

Read more at http://bwhealthcareworld.businessworld.in/author/Guest-Author/Tarun-Sharma-93497/