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AiMeD opposes GST exemption on medical devices, suggests MRP cap formula

In a letter to Finance Minister, the Association of Indian Medical Device Industry (AiMeD) has opposed GST exemption on Medical Devices as it is counterproductive and anti Make in India..............................

FICCI lauds govt’s reforms for public-health infrastructure, laments lack of attention...

The industry body, Federation of Indian Chambers of Commerce and Industry (FICCI) has welcomed the steps announced by the Finance Minister for augmenting public health infrastructure in the country....................

Budget 2020 on 1st Feb: Send us your expectations!

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

SABC seeks GST exemption on farm inputs to reduce financial burden...

Farmers are paying about Rs 14,500 crore GST annually on farm inputs to produce farm commodities. The input tax credit is a GST mechanism that allows the manufacturers/producers to adjust tax on inputs against tax liability on output, i.e. sales..................

MTaI seeks streamlining of taxes & duties to make medical devices...

Medical Technology Association of India (MTaI) has sought the streamlining of tax and duty structure in the Union Budget 2019, also listing out its expectations in detail.............

Biofuels: Govt revises prices of ethanol derived from molasses, sugarcane

Besides creating the opportunities for farmers, the intervention under Ethanol Blended Petrol Programme also seeks to reduce import dependence for energy requirements and give boost to agriculture sector...…………..

AIMED applauds Niti Aayog’s note on rationalization of trade margins

The Association of Indian Medical Device Industry (AiMeD) has recommended the first point of sale to be defined as the price by Manufacturer, whether Overseas or Indian, on which GST is initially paid............

Budget 2018: Healthcare players expect govt to do its homework on...

As the union finance ministry gets ready to finalize India’s budget for next one year on 1st February, the healthcare company heads have sought higher focus on revising GST clauses besides improved funding allocations for the sector...................

BioVoice eMag December 2017 – January 2018 Issue-7 Volume-2

BioVoice eMag December 2017 – January 2018 Issue-7 Volume-2: In this issue of the BioVoice magazine, the ‘Cover Story’ focuses on the various policy initiatives taken within...

Govt says no major impact on prices of essential drugs post...

Government ensuring essential drugs are available to public at reduced prices, mentioned the union MOS-Chemicals and Fertilizers, Mr Mansukh L. Mandaviya................