Budget 2025: SBI urges higher healthcare spending, uniform GST on medical devices and tax exemptions

New Delhi [India], January 25 (ANI): As the Union Government gears up for Budget 2025, a report by State Bank of India stated that the government should give significant focus to revitalizing the insurance and healthcare sectors in the country.

The report also noted that the government should consider exempting GST and taxes on term and health insurance premiums, increase the healthcare budget to 5 per cent of GDP, and ra