GST rate
After GST rate cut, govt waives mandatory re-labelling of medicines
Business
September 16, 2025
After GST rate cut, govt waives mandatory re-labelling of medicines
In a major relief for the pharma sector, the government has dismissed the mandatory rule for drug manufacturers to recall,…
Low inflation to give RBI space to cut rates by 50 bps this year
Business
September 15, 2025
Low inflation to give RBI space to cut rates by 50 bps this year
India’s inflation rate, based on the Consumer Price Index (CPI), is expected to remain low due to GST rate cuts…
Extending PLI scheme, uniform GST rate key to boost medical devices market: SBI
Business
January 25, 2025
Extending PLI scheme, uniform GST rate key to boost medical devices market: SBI
Extending the Production Linked Incentive (PLI) scheme and charting a uniform GST rate can be crucial to help boost the…
Govt to slash MRP of 3 anti-cancer drugs after exemption in customs duty, GST rate cut
News
October 29, 2024
Govt to slash MRP of 3 anti-cancer drugs after exemption in customs duty, GST rate cut
After custom duty exemption and a reduction in GST rates, the National Pharmaceutical Pricing Authority (NPPA) has now directed the…
GST rate much below revenue neutral rate to lessen burden on taxpayers: FM Sitharaman
Business
September 5, 2024
GST rate much below revenue neutral rate to lessen burden on taxpayers: FM Sitharaman
Union Finance Minister Nirmala Sitharaman on Thursday said that the goods and services tax (GST) rate is much below the…