Healthcare sector calls for tax cuts and increased funding ahead of India's 2025 Union Budget

As India prepares for the 2025 Union Budget, the healthcare sector is calling for tax cuts, increased funding, and reforms to improve access, especially in rural areas. Experts emphasize the need for innovative funding models to support Universal Health Coverage by 2030. Public healthcare spending has risen but remains below the target of 3% of GDP. Leaders are advocating for tax reforms, including zero-rating GST on healthcare services and reinstating deductions for new projects, to reduce costs for providers and patients. The sector also highlights the need for better healthcare infrastructure in underserved areas and support for mental health initiatives. Experts suggest reclassifying hospitals as infrastructure investments to attract private funding and improve service delivery.