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India's new 5% or zero GST on key medicines cuts prices up to 10%, easing costs for patients.
Shimla pharmacies have begun implementing revised GST rates on medicines, reducing prices by up to 10% effective September 22, offering significant relief to patients.
Essential and life-saving drugs, including insulin and cancer treatments, are now taxed at 5% or exempt, replacing the previous 12% and 18% slabs.
Consumers report immediate savings, with some medications dropping by hundreds of rupees.
Pharmacy owners and officials say the change improves affordability, encourages GST compliance, and boosts consumption, benefiting both patients and the government in the long term.
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El nuevo 5% o cero GST de la India en medicamentos clave reduce los precios hasta un 10%, aliviando los costos para los pacientes.