Business EconomyPosted at: Sep 4 2025 3:44PM


Aarthi Scans welcomes GST tax reduction on diagnostic kits, terms as progressive step

Chennai, Sep 4 (UNI) Leading diagnostic provider Aarthi Scans and Labs today welcomed the
proposed GST reforms that reduce the tax rate on diagnostic kits, reagents, glucometers and
test strips from 12% to 5% and termed it as a progressive step aimed at lowering patient costs.
Reacting to the rate cuts announced by union Finance Minister Ms Nirmala Sitharaman, Aarthi
Scans and Labs Founder and Managing Director V. Govindarajan said diagnostics lies at the
heart of both preventive and curative healthcare and any initiative that lowers patient costs,
while enabling providers to uphold the highest standards of quality is a progressive step.
By easing the tax burden on these essential tools, the reforms will make diagnostic services more
affordable, encourage timely testing, and ultimately lead to earlier detection and improved health
outcomes, he said.
Equally significant is the exemption of GST on health and life insurance, a move that will ease the
financial burden on patients and families, promote wider adoption of insurance coverage, and ensure
that healthcare is not only accessible, but also sustainable in the long run, he added.
He said "As one of the country’s leading diagnostic providers, we see these reforms as catalysts
for strengthening India’s healthcare infrastructure. We remain committed to passing on these benefits
to patients nationwide."
UNI GV 1535
Please log in to get detailed story.
Tags: #Aarthi Scans welcomes GST tax reduction on diagnostic kits# terms as progressive step
More News

Sustained energy shock threatens to slow India's growth, manufacturing sector under pressure: Crisil

18 Jun 2026 | 6:04 PM

New Delhi, Jun 18 (UNI) India's economy could face growing headwinds this fiscal as persistently high crude oil and natural gas prices ripple through industries, raising production costs and squeezing corporate margins.

see more..

Stock Markets ends higher for fifth session with Nifty near 24,200 mark

18 Jun 2026 | 5:34 PM

New Delhi, June 18 (UNI) Indian Stock Markets on Thursday ended higher for the fifth consecutive session with the Nifty closing near the 24,200 mark.

see more..

India needs diversified crude import routes, deeper storage: Report

18 Jun 2026 | 3:54 PM

New Delhi, June 18 (UNI) India needs better options in the form of diversified crude import routes and deeper storage and inventory buffers, S&P Global Energy said.

see more..

CITI welcomes India-UK CETA as potential boost to textile and apparel sector

18 Jun 2026 | 3:32 PM

New Delhi, June 18 (UNI): The Confederation of Indian Textile Industry (CITI) welcomed the announcement of the India-UK Comprehensive Economic and Trade Agreement (CETA), which will come into effect from July 15, as a potential to reshape India’s textile and apparel industry.

see more..

India-UK FTA set to kick in from July 15: To benefit auto, textiles industries

18 Jun 2026 | 12:53 PM

New Delhi, Jun 18 (UNI) The free trade agreement (FTA) between India and the United Kingdom (UK) is set to kick in from July 15, a year after the two sides signed the landmark deal in London.

see more..