More patients can access key drugs after GST rate cutsRecent GST rate cuts on critical medicines are set to significantly reduce costs for treatments of conditions like multiple myeloma, lung c...
10 Sep, 2025, 12.43 AM IST
Crucial drugs to be more affordable after GST cutThe government has significantly reduced GST rates on 41 highly priced medicines, including those for cancer, rare diseases, and heart cond...
04 Sep, 2025, 07.38 PM IST
Govt revises prices of 71 medicines, including those for diabetes and infections: Check new ratesThe National Pharmaceutical Pricing Authority (NPPA) has revised the prices of 71 essential drug formulations, encompassing treatments for ...
15 Jul, 2025, 02.34 PM IST
NPPA asks companies to cut prices of three cancer drugs post tax reliefIn a move aimed at providing relief to cancer patients, the National Pharmaceutical Pricing Authority (NPPA) has directed drug manufacturer...
07 Nov, 2024, 12.14 AM IST
Govt asks manufacturers to cut price of 3 anti-cancer drugsThe government has directed manufacturers to lower prices of Trastuzumab, Osimertinib, and Durvalumab after exempting them from customs dut...
29 Oct, 2024, 04.53 PM IST
GST Council spices things up: Here's what got cheaper overnight in IndiaGST Council Meeting decisions: The GST Council's meeting on Monday announced significant tax cuts to make essential goods and services more...
10 Sep, 2024, 04.22 PM IST
GST Council Meeting Key Takeaways: From medical insurance premium to rate rationalisation, here's what Sitharaman & Co decided54th Gst Council Meeting Key Takeaways: The 54th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is taking place in Ne...
10 Sep, 2024, 12.54 PM IST
Astrazeneca, Natco Pharma shares rally 4% after GST cut on cancer drugsIn reaction to the update, pharma stocks like Astrazeneca Pharma surged 4.4% to its day’s high of Rs 7,069 on BSE while Fortis Healthcare s...
10 Sep, 2024, 10.58 AM IST
Powered by innovative drugs, pharma industry can be worth $200 billion by 2030, says Biocon chief Kiran Mazumdar-ShawResearch-based incentives can boost the domestic pharmaceutical sector, making it worth USD 200 billion by 2030, according to Biocon Execut...
24 Jan, 2024, 09.48 PM IST
GST exemption on medicines for rare diseases is unlikely to provide any relief to those in need: Health activistsThe recent GST exemption on medicines for rare diseases in India is unlikely to help many patients as the drugs are still too expensive, sa...
13 Jul, 2023, 04.44 PM IST
GST Council likely to exempt IGST on cancer drug import, fix 5% tax on refreshments served in multiplexBesides, import of medicines and Food for Special Medical Purposes (FSMP) used in the treatment of rare diseases for personal use and also ...
06 Jul, 2023, 11.17 PM IST
FM grants GST exemption on Cancer drug for minorSenior Congress leader Shashi Tharoor had reached out to Sitharaman seeking the GST exemption for the medication following an appeal by the...
30 Mar, 2023, 12.28 AM IST
Price cuts will bring down quality of cancer care: Dr BS Ajay KumarDr Ajaykumar says that instead of bringing price cuts, the government should bring cashless healthcare system.
01 Apr, 2019, 01.37 PM IST
Essential drugs to be sold at non-GST price till August"Although hospital services are exempt, the outsourced services, aesthetics and outpatient pharmacies are subject to GST imposition."
02 Jul, 2017, 11.39 AM IST
NPPA fixes ceiling prices of 814 scheduled formulations"Price of drugs where partial increase is expected due to roll out of GST will not be passed on to consumers as NPPA is working out a mecha...
01 Jul, 2017, 09.11 PM IST
No price change in 78% of actively used drugs post GST: NPPAThese prices will be notified as formal revised ceiling prices immediately after GST notification, NPPA had said in a memorandum earlier th...
30 Jun, 2017, 06.13 PM IST
Maharashtra doing the math to come out with GST rate“We will put our point that drugs of cancer drugs used in dialysis and other important life saving drugs should also be exempt from the GST...
01 Sep, 2016, 04.55 AM IST