Friday, November 22, 2019
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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................

Healthcare marketing in India may see threefold increase by 2022: ASSOCHAM-RNCOS...

The paper noted that Goods and Services Tax (GST) will have a positive impact on Indian healthcare market, particularly the pharmaceutical sector...........

BioVoice eMag November 2017 Issue-6 Volume-2

BioVoice eMag November 2017 Issue-6 Volume-2: In this issue of the BioVoice magazine, the ‘Cover Story’ focuses on the serious issue of anti-microbial resistance that is reaching...

Higher GST on medical equipment is bad news for the healthcare...

In the below contributory column, Dr Shankar Narang, Chief Operating Officer, Paras Healthcare shares his views on what he believes are the long-term ill effects of Goods and Services Tax on the medical technologies.............