MEDICINES should be made TAX FREE; Because, tax on medicine is a MISERY TAX.
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The taxes on medicines are a burden especially for the poor masses. Such tax is being imposed on people who are suffering from various ailments and are not in a position to protest. During acute phase of the illness they are not able to earn. Majority of our population has to spend money from their pockets for treatment because they are not covered by any health insurance.
If medicines are made tax free; it will REDUCE the cost of medicines by 12%.Out of the total expenditure on illness ; a major part is spent towards buying medicines. This will provide a big relief to poor as well as lower middle class public.
Our public health care system is already under strain and is not able to meet the health needs of lower and middle class. They have to seek private paid health care not as a matter of choice but due to non availability of facilities at government institutions.
The least government can do is to make medicines TAX FREE. And thus provide relief to the masses by overall reduction in health expenditure.
Dr.A.P.Setia, State President IMA Haryana
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