Customs duties on imported medicines for personal use and food for special medical use, have been removed. Duty on imported medicines typically ranges from 5% to 11%. Last year’s Budget exempted 36 life-saving drugs from basic customs duty. Budget has also proposed strengthening of India’s drug regulatory and clinical research ecosystem and creation of a national network of 1,000 accredited clinical trial sites.
Related Posts
AMD CEO on AI and jobs: Says no massive layoffs expected
AMD CEO Lisa Su expresses optimism about AI’s role, dismissing fears of widespread job losses, particularly for Gen Z. She envisions AI as a tool […]
‘Coolie’ advance booking smashes Rs 50 crore mark, set for historic opening
Rajinikanth’s ‘Coolie’, directed by Lokesh Kanagaraj, is creating a box office frenzy ahead of its release. Worldwide advance bookings have surpassed Rs 50 crore, with […]
Immigrant trauma meets guilt parenting: Anupam Mittal on why Indians excel
- admin
- November 25, 2025
- 0
Shark Tank India judge Anupam Mittal attributes the rise of Indians in global leadership to a blend of “immigrant trauma” and “Indian guilt parenting,” fostering […]