NCAER wants doctors and lawyers under Service Tax net
The National Council of Applied Economic Research (NCAER) is unhappy that the Finance Minister has not imposed Service Tax on lawyers and doctors. “It is a matter of concern that the finance ministry, while seeking to expand the ambit of the service tax, has not thought it fit even to mention professionals such as lawyers and doctors”. The Council observed that these professional enjoy almost 100% tax exemption and even those who pay taxes inflate costs. With the Service Tax net spreading wide, it should be only a matter of time before the doctors and lawyers come under the Service Tax net.