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The increase in tax exemption limit was a positive move to encourage people to equip themselves with health insurance. Another similar move was the increase in exemption limit for NPS scheme. The pharmaceutical industry did not see any major changes from the budget. Overall we see senior citizens been given many incentives in this budget especially when it comes to healthcare. However we are hopeful that government will take some more steps by looking at some reforms this year focusing on health insurance premium and medical treatment.
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