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India cuts GST on medicines, cancer drugs, and health insurance to make healthcare more affordable.
The Indian government has reduced GST rates on medicines, medical devices, and health insurance to make healthcare more affordable.
Lifesaving drugs and 33 cancer medications will be exempt from GST, while other medicines and medical equipment will see their taxes reduced from 12% to 5%.
Health insurance premiums will now be tax-free.
These changes aim to lower treatment costs and boost access to healthcare services, benefiting patients and the pharmaceutical industry.
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La India recorta el GST en medicamentos, medicamentos contra el cáncer y seguro de salud para hacer que la atención médica sea más asequible.