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LOWER TAX ON MEDICINES
8th Pay Commission news: Defence employee body demands new inflation index to calculate 8th CPC DA, DR, revised payThe All India Defence Employees’ Federation (AIDEF) has urged the 8th Pay Commission to replace the AICPI-IW-based inflation measure with a...- ‘Rs 70,000 Salary, Rs 15.5 lakh debt, no savings, no property and a dependent mother’: Woman’s viral post on loan burden sparks financial adviceA 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,0...
- China’s EV boom is cleaning the air, and may have prevented 262,000 deathsElectric vehicles are proving to be life savers. Studies show China's shift to electric cars has prevented thousands of premature deaths. A...
- For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
- Delhi Chakka Jam for three days: Check what could be affected in Noida, Gurugram, Ghaziabad, Faridabad and other NCR regionsDelhi Chakka Jam Today News: A three-day Chakka jam in Delhi-NCR has been called by transport unions starting May 21. During these three da...
- IPO Calendar: 2 issues to keep investors busy but mainboard activity remains mutedIndia's primary market is set for a busy week with two SME IPOs. RFBL Flexi Pack and Goldline Pharmaceutical will open for subscription on ...
- NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
- Robotic joint replacement surgery and insurance: The gap patients should know aboutRobotic surgery offers better outcomes for knee and hip pain patients. However, many Indians cannot access this advanced treatment due to i...
- US to loosen marijuana rules in major shift for $47 billion industryThe United States Department of Justice is easing rules on certain marijuana items. The drug will be reclassified as less dangerous. This s...
- Trump unveils 100% tariff on some patented drugs on 'Liberation Day' anniversaryPresident Donald Trump has signed an executive order introducing significant pharmaceutical tariffs. Companies failing to strike pricing de...
- Budget 2026: Check what gets cheaper in Union Budget this yearUnion Budget 2026 Cheaper List: The Budget announced a series of duty cuts and tax rationalisations aimed at easing costs for consumers, ex...
- GST rate cuts from Monday to make food, medicines, cars and electronics cheaperStarting September 22nd, consumers will benefit from reduced GST rates on approximately 375 items, encompassing kitchen staples, electronic...
- GST 2.0 explained: When will new GST rate for life, health insurance be applicable?In a significant move, the GST Council announced on September 3, 2025, that individual life and health insurance premiums will be exempt fr...
- Drug, medtech companies fear GST changes may squeeze fundsPharma and medtech sectors are concerned about upcoming Goods and Services Tax changes. They anticipate higher operating costs and working ...
- GST Rate Cut: Tax on several mass-use products may be reducedA ministerial panel on GST is considering reducing rates on essential items like medicines and tractors to 5%. Health and term insurance ma...
- Tax department doesn’t think sanitiser companies’ accounts are cleanPharmaceutical companies say sanitisers are medicaments, while the taxman considers them disinfectants. The indirect tax department’s inves...
- GoM to look into GST rates of Covid vaccine, drugs and related items set upTax rates on vaccines, drugs, medicines, Covid testing kits, medical grade oxygen, pulse oximeters, hand sanitizers, oxygen concentrators, ...
- GST committee recommends against lowering tax rate on vaccinesThe committee has recommended reduction in medical grade oxygen, oxygen concentrators and pulse oximeters to 5% from 12% till the end of Ju...
- Prices of many essential drugs to rise up to 2.29% post-GSTThe government has fixed GST rate of 12 per cent on most of the essential drugs as against the current tax incidence of around 9 per cent.
- 'Bitter medicine' necessary to restore health of the economy, warns P ChidambaramP Chidambaram signalled some tough measures may be in the offing in the government's quest to revive growth and restore fiscal credibility.
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