The Headlines – Budget 2025 expectations: Need to prioritise healthcare and insurance sectors, says SBI

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The Headlines – Budget 2025 expectations: Need to prioritise healthcare and insurance sectors, says SBI

The finance ministry is preparing for Union budget 2025 with potential reforms in healthcare, insurance, and taxation. A State Bank of India report recommends increasing healthcare spending to 5% of GDP, exempting GST and taxes on insurance premiums, and rationalizing GST on medical devices.

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