Pharma Industry Budget Demands

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  Tax Benefits, Intellectual Property Rights On Pharma Industry's Budget Wishlist

  There is a need to incentivise R&D investments, offer corporate tax concessions and establish an effective intellectual property rights regime in order to push the growth of domestic pharmaceutical industry, as per the industry bodies.

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  Budget Fails To Cheer Healthcare Industry As Demands Unmet

  Leading healthcare providers on Tuesday rued that the Budget has failed to address many of the long pending demands of the industry.

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  Industry Body Calls For Reduction In GST On Active Pharmaceutical Ingredients

  Pharma formulations attract GST of 12 per cent whereas inputs active pharmaceutical ingredients (API) have GST of 18 per cent which has led to accumulation of Input tax Credit.

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  Budget 2019: Need Import Duty Relief On Lifesaving Equipment, Says FICCI

  The industry body, Federation of Indian Chambers of Commerce and Industry (FICCI) in its Pre-Budget Memorandum, has demanded that Foreign Direct Investment (FDI) regime should be liberalised for investment relating medical education. FICCI has also called on the government for providing relief on import duty for lifesaving equipment.

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  Budget 2019: Industry Body Calls For Tax Exemption on Preventive Health Check-Ups

  Union Budget: FICCI has demanded that the employers get a separate annual deduction of upto Rs 10,000 per employee, towards expenses incurred for sponsoring the health check expenses of their employees.

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  Medical Technology Association Wants Tax Holidays For Research Centres

  "We also demand tax incentives for the industry for developing global patents from India," said MTaI.