Tag: Pharma Sector

GST Impact: Short term pain likely for pharma sector

The pharmaceutical sector expects some impact, at least in the short term, once the goods and services tax (GST) is implemented. Drug makers–big and small, are busy evaluating the impact of GST and are taking steps to get ready for the new tax regime. As per the GST slabs, the tax on most p…

Budget 2017: कम ब्याज पर लोन, ज्यादा सब्सिडी और मिनिमम GST दर-फार्मा सेक्टर की SMEs की माँग

दवाइयां बनाने वाला फार्मा सेक्टर, बजट में मेक इन इंडिया को बढ़ावा देने वाले कदम चाहता है। सेक्टर के एसएमई कारोबारी चाहते हैं कि दवाइयों पर जीएसटी की दर 5 फीसदी हो और उन्हें सस्ता लोन मिले। गुजरात देश का फार्मास्युटिकल सेक्टर का हब है। बजट को लेकर यहां जबर्दस्त उत्साह का माहौल है। फार्मा [……

Govt allows 74 per cent FDI in pharma sector

FDI in Brownfield pharma sector has been permitted upto 74% under automatic route; and FDI beyond 74% and upto 100% is allowed under Government approval route The move to permit 74% FDI under automatic route in Brownfield pharmaceutical sector is aimed at attracting required capital, internationa…

Karnataka to see more global investments

Karnataka which has been a hub for global pharma production directly and through contract manufacturing route is now upbeat on the Union government consenting 74 per cent Foreign Direct Investment (FDI) under the automatic route in Brownfield projects and 100 per cent on Greenfield projects. The …