Expect Modi govt to reduce GST on health supplements from 18% to 5%
The Union Budget for the upcoming financial year is all set to be presented on February 1, 2025, by Finance Minister Nirmala Sitharaman. […]
Medical Industry
Union Budget 2025: Health experts hope for less GST on medical goods, better funding for R&D, inclusion in PMJAY from age 60
Stakeholders from the healthcare sector, specifying their expectations from the upcoming Union budget, sought higher budget allocation for the sector;
Biocon urges government to exempt cancer, rare-disease drugs from tax in budget
India should eliminate tax on drugs for cancer treatment and for chronic and rare diseases, the chairperson of major drugmaker
IMA urges Centre to exempt critical medical equipment from GST
The Indian Medical Association (IMA) has appealed to the Union Health Ministry to give Goods & Service Tax (GST) exemption
Medtech sector seeks standard GST rate, export incentives in Budget
The medical devices manufacturing sector has rolled out a robust wish list for the upcoming Budget. It has sought standardisation