Tag: Tax

The Cover Story analyses the potential impact of significant uncertainty due to the proposed reciprocal tariffs with insights from Vishal Dhikale, Associate Vice President, Avalon Consulting. Read interview of Puneeth Kumar KT, Business Director for Planetary Health Biosolutions, Novonesis South Asia and Expert Insights by Mahesh Ramanujam, President & CEO, Global Network for Zero; and Dr Vidhi Bhanushali, CEO and Co-founder, scanO.

Policy-level clarifications, such as expanded exemptions for life-saving drugs and oncology medications from import duty are vital for reducing treatment costs

Kiran Mazumdar Shaw, Chairperson, Biocon & Biocon Biologics called upon the government to consider GST exemption for all cancer drugs to make cancer care more affordable for patients

The leading association of global medical technology companies has welcomed the reduction of custom duties on specific categories of medical devices and healthcare skilling

The leading association has also demanded elimination of import duties on life-saving drugs

While the company's consolidated revenues for the quarter at Rs. 3,796 Crore, up 4% Y-o-Y, the consolidated net sales for the quarter at Rs 3754 crore up by 6% Y-o-Y....................

As one of the 6 crucial pillars of Aatma Nirbhar Bharat. Healthy India, along with other sectors “will further strengthen the sankalp of Nation First”, Finance Minister, Nirmala Sitharaman stated while presenting the Budget 2021..................

As per Medical Technology Association of India (MTaI), the sector does not come under that group of industries that have the liberty to charge interest on delayed payments or have the breathing space to offset these extra expenses.........................

The bioscience industry members including biotech, healthcare, and agriculture are welcome to share their comments with us..........

With an initial capital investment of around Rs 4000 million, the facility will provide employment to more than 350 people, despite being a very highly automated plant.........................