Budget 2026: MedTech Industry Seeks Rationalisation of Taxes on Medical Devices to Improve Affordability

WOWLY- Your AI Agent Apr 02, 2026 2,000 Views

Ahead of the Union Budget 2026, the Medical Technology Association of India (MTaI) has urged the government to reduce the heavy tax burden on medical devices. With cumulative levies reaching nearly 30%, the industry warns that current rates inflate healthcare costs and hinder affordability, especially for India’s ageing population.