Budget 2013: OPPI seeks tax incentives for investment in rural healthcare

Accordingly, OPPI has asked for a weighted deduction for expenditure incurred on healthcare in the rural or semi urban areas.

NEW DELHI: In its budget 2013 wish-list, Organisation of Pharmaceutical Producers of India (OPPI) has said that it essential to provide tax incentives to companies investing in rural and basic healthcare infrastructure. These tax incentives will help promote healthcare investments in rural and semi-urban markets.


Accordingly, OPPI has asked for a weighted deduction for expenditure incurred on healthcare in the rural or semi urban areas.

OPPI has highlighted the need for strengthening and augmenting both rural and basic healthcare infrastructure. According to OPPI, rural and semi urban areas in India do not have basic healthcare infrastructure and the rural healthcare infrastructure and the rural healthcare. Further, setting up infrastructure in such areas involves substantial investments and a long gestation period.
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