New GST Reforms: Will They Lead to a Healthier India?
India continues to face significant healthcare challenges due to a combination of rising non-communicable diseases such as diabetes, hypertension, and…
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Govt Waives Re-labelling of Medicines After GST Cut
Pharmaceutical companies will not have to recall or re-label medicines already available in the market before September 22, 2025, despite…
Diagnostic Manufacturers Push for Uniform 5% GST on Equipment, Kits, and Reagents
The Association of Diagnostic Manufacturers of India (ADMI) has urged the government to introduce a single 5% GST rate on in-vitro diagnostic…
Medical device makers wary of GST rejig favouring imports
Indian medical device manufacturers fear that the proposed GST reforms could make imports cheaper and erode domestic competitiveness. Association of…
Centre Proposes GST Exemption on Individual Life and Health Insurance
The government has proposed removing Goods and Services Tax (GST) on individual life and health insurance policies, a move that…
States Reap Nearly 75% of GST Revenue from Health and Life Insurance, Finance Minister Reveals
Overview of GST Revenue Distribution Finance Minister Nirmala Sitharaman defended the Goods and Services Tax (GST) on health and life…
Government Collects ₹8,263 Crore in GST from Health Insurance Premiums in FY 2024
GST Collection Details for Fiscal Year 2023-24 The Indian government has garnered a substantial ₹8,263 crore from Goods and Services…