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…
CDSCO Grants 3-Month Period for Medical Device Firms to Revise MRP Amid GST Rate Cut
The Central Drugs Standard Control Organisation (CDSCO) on Thursday (September 11) directed medical device manufacturers and importers to update their…
Healthcare Sector Applauds GST Cuts on Medical Devices and Consumables
The GST Council has approved a significant reduction in tax rates on medical devices and consumables. Finance Minister Nirmala Sitharaman…
IMA Supports GST Relief on Essential Live Saving Drugs
The Indian Medical Association (IMA) has welcomed the GST Council’s recent move to reduce Goods and Services Tax on several…
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…
Insurance Rate Rationalization to Be Discussed at Upcoming GST Council Meeting
Insurance Rate Rationalization: The upcoming GST Council meeting, scheduled for Dec 21, 2024 in Jaisalmer, will deliberate on the proposed…