Further, to encourage preventive care, the preventive health check-ups could be aided with increase in tax exemption to Rs 15,000 to Rs 20,000 from the current threshold of Rs 5,000. Tax incentives for securing accreditation are also expected.
Lowering slabs of customs and other excise duty will be helpful as it helps the healthcare sector to maintain quality and provide quality services, while maintaining their prices to help the private sector to further upgrade their services at affordable prices. Impetus from the Government encouraging and supporting the entry and usage of latest technologies will be helpful for the sector.”
The author, Dr. Om Manchanda is CEO, Dr Lal PathLabs Limited.