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GST ON CANCER DRUG
Top private hospitals may drop out of government health plansPrivate hospitals in India are feeling the pinch as government health schemes yield diminishing returns. This downturn provokes a critical ...- GST rejig marks key shift towards making cancer care affordable, AIIMS researchers saysAIIMS researchers highlight recent GST reforms, including tax exemptions on cancer drugs and medical equipment, aiming to make cancer care ...
- Healthcare set to be more affordable as new GST rate kicks in from Sep 22: Pharma industryFrom September 22, medicines and medical devices in India will become cheaper under new GST rates, making healthcare more affordable, say i...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- 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...
- 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...
- 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...
- Industry leaders welcome GST Council's decision on rate cutsThe GST Council's 54th meeting announced significant rate cuts and policy adjustments, including GST exemptions for foreign airlines' impor...
- 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...
- GST Council Meet: 28% GST on online gaming; SUV, MPVs' price hikes & other key decisionsThe Indian Goods and Services Tax (GST) Council has announced its decision to impose a 28% GST on three supplies, including online gaming, ...
- 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 ...
- 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.
- 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."
- 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...
- 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...
- 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...
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