Naresh Dhoundiyal, a well-known businessman and philanthropist, is very hopeful about the recent talks to lower the GST on health insurance. The government recently discussed the idea of reducing GST from 18% on health insurance premiums. While no final decision has been made yet, he believes this could be a great step for the country.
Being associated with community work through the Amrita Chander Jankalyan Charitable Trust, Naresh feels this alteration in taxation will benefit a lot of people. "Health insurance is quite expensive for common people, and hence beyond the reach of many. Once the GST decreases, more people will get health insurance at affordable prices. This way, families will have greater security, knowing that in case of any medical emergencies, they have some finances to fall back upon," he says.
He also highlighted that this move will benefit middle-class families who often struggle with rising healthcare costs. Making insurance more affordable would encourage more people to buy it, which would protect them during difficult health situations.
Mr. Naresh further added that reducing the GST would not only help the families but also develop the insurance industry. The more people get attracted and opt for health coverage, this industry could grow, leading to better services for one and all.
Although the government hasn't made a final decision yet, Naresh Dhoundiyal supports this proposal and believes it would positively impact millions of people. He remains hopeful that the GST reduction will soon happen, making health insurance more accessible and affordable for all.
By backing this initiative, he continues to show his commitment to the well-being of society, especially for the most vulnerable groups, such as the underprivileged and elderly.
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