Thursday, August 13, 2020
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COVID-19: MedTech industry implores govt to maintain liquidity in the healthcare...

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.........................

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..........

USV sets up new plant at Vadodara

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.........................

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.............

Govt has given a cold shoulder to MedTech sector in Budget...

As per the Association of Indian Medical Device Industry (AiMeD), the union budget 2018 has given step-motherly treatment to the medical devices sector and has not met the expectations of the domestic industry.............

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.............

GST on wheelchairs not in the right spirit, akin to taxing...

New tax on the wheelchair among other things amounts to a tax on mobility or a tax on walking and throws a huge setback for patients dependent on wheelchairs, Sugandh Ahluwalia..........

Govt says no shortage of essential drugs post introduction of GST

In all the cases of complaints on high prices, the concerned companies have been instructed to coordinate with the complainants and ensure supply of medicine to the complainants.........

Increased GST on medtech means higher medical costs for patients: MTaI

In its latest statement, the Medical Technology Association of India has pointed out that it would have helped if the medical services were zero-rated, similar to exports, where full tax credit against inputs would be refundable........

GST Rollout: 50 kg fertilizer bag to now cost Rs 295.47...

Decision to reduce tax rate on fertilizers from existing 12% to 5 % under GST taken in the interests of the Farmers who are expected to benefit to the tune of Rs. 1261 crores under new regime...........