Reaction of Shobana Kamineni on the Union Budget 2010.
"I think this budget is good for the domestic economy. The government seems to be doing its bit towards economic recovery. The decision to broaden the tax exemption limits and to provide increased level of tax exemption under section 80C is welcome and would provide fresh impetus with enhanced disposable income.
"Furthermore, the decision to reduce the CVD by 5% on medical equipments is a very positive step taken by the government to bring down healthcare costs. As for the insurance sector, Health insurance has been acknowledged as one of the most efficient means to meet and manage spends on healthcare."
"We were looking forward to an increase in the tax exemption limit on Health Insurance to address the rising cost of medical treatment in India."
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