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Healthcare experts welcome GST reforms
The Business Guardian
|September 07, 2025
Healthcare industry leaders have strongly welcomed the Union Government's decision to rationalise GST rates on medicines, medical devices, diagnostics, nutrition products and insurance premiums, calling it a landmark step towards making healthcare more affordable and accessible.
The reforms, announced as part of a health-positive GST framework, are aimed at reducing treatment costs, promoting preventive healthcare, and expanding insurance coverage.
Ms. Ameera Shah, President, NATHEALTH and Promoter & Executive Chairperson, Metropolis Healthcare Ltd, said: "NATHEALTH welcomes the Government's decision to reduce GST on diagnostic kits, reagents and a wide range of medical technology items from 12% to 5%. This reform is in line with NATHEALTH's long-standing recommendations for a more enabling indirect tax framework in the healthcare sector, one that acknowledges the critical role of preventive health and supporting medical technology in strengthening healthcare delivery.
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