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GST ON MEDICAL ESSENTIALS
Good news for diabetes & BP patients: Govt cuts prices of these 30 medicines, relief may reach pharmacies soonThe National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices for 30 essential drug formulations, including those for diabet...
Charter operators seek fair play in fuel pricingIndian charter operators are protesting a new jet fuel pricing policy. This policy doubles their fuel costs from April. Commercial airlines...
"Transformative shift in India's healthcare": Pharma alliance lauds GST reforms ahead of implementationThe Indian Pharmaceutical Alliance lauds the upcoming GST reforms, effective Monday, as a transformative step towards affordable healthcare...
GST rate cuts complement Ayushman Bharat, PMJAY, says health ministryThe government's GST reforms aim to make healthcare more accessible and affordable by exempting health and life insurance premiums, reducin...
GST cut on drugs, medical devices to provide relief to patients: Industry playersThe government is reducing GST on medicines and medical devices. Lifesaving drugs are exempt. This action will help patients and families. ...
"Dawai, ilaj par mehangai ki Bhajpai goli": Congress attacks Centre over handling of healthcareCongress President Mallikarjun Kharge criticized the ruling party's handling of India's health system on World Health Day. He highlighted i...
Budget 2025: Tax cuts, sops on Pharma Inc's wish listPharmaceutical and hospital sector executives are requesting higher public healthcare spending, R&D incentives, and tax exemptions on life-...
Panels on GST rate rationalisation, cutting tax on insurance premium to meet on SaturdayThe GST Council's ministerial panels will meet on October 19 to discuss reducing the 18 per cent GST on health and life insurance premiums....
Tax on 100 items to be slashed? GST's rate rationalisation panel to decide next monthThe GoM on GST rate rationalisation has discussed potential tax rate changes on over 100 items, including reducing taxes on some goods from...
Health insurance GST: Indian states may be blocking the way for a big tax reliefHealth Insurance Tax: The GST Council is set to discuss reducing the tax burden on health and life insurance policies, but faces resistance...
"Can't impose GST on something as essential as life insurance," says Congress MP Shashi TharoorCongress MP Shashi Tharoor criticised the government's decision to impose an 18% GST on life insurance and medical insurance premiums, stat...
GST Council: No change in tax on vaccines, other Covid-related items like oximeters, concentrators see reductionGST Council cut tax rate from 12% to 5% on medical grade oxygen, BiPaP machines, oxygen concentrators, ventilators, pulse oximeter
FM to chair GST Council meet tomorrow; tax cut on COVID essentials, black fungus medicine on agendaCouncil will discuss the report of the GoM on GST concessions on COVID-19 relief items like medical grade oxygen, pulse oximeters, hand san...
GST Council to discuss compensation cess extension, vaccine tax exemption on SaturdayGST compensation of Rs 1.58 lakh crore was planned to be financed through back-to-back loans to be raised by the Centre while Rs 1 lakh cro...
GST Council to meet on June 12 to discuss tax cut on COVID essentials, black fungus medicineIn the previous meeting on May 28, the Council, which has state ministers as members, a Group of Ministers (GoM) was set up to recommend ta...
Key takeaways from the 43rd GST Council meetThe GST Council’s meeting, the first this year, comes at a time when the country is reeling under the second wave of coronavirus infections...
Opposition states to seek GST waiver for COVID-19 goodsRajasthan, Chhattisgarh, Punjab, Jharkhand, West Bengal, Kerala, Tamil Nadu and Maharashtra came together on Wednesday to frame a joint str...
Plea in SC for GST exemption on COVID-19 related drugs, medical equipmentThe application sought direction to the Centre to issue appropriate ad-hoc guidelines, orders or notifications "exempting COVID-19 related ...
Chartered accountant firms, hospitals under taxman’s lensTax authorities have also decided to slot consultant doctors as ‘intermediaries’ for taxation purposes even as medical services are outside...
Keep healthcare out of GST purview: AssochamThe GST would subsume excise, service tax, VAT and other local levies and make India a single, uniform market for seamless transfer of good...