In run-up to the interim Budget 2024, the pharma industry has sought conducive policies that provide benefits in terms of both direct and indirect taxes. There is a high risk, long gestation period and low success rate in research, and therefore, there is a need for continuous investments, Indian Pharmaceutical Alliance secretary general Sudarshan Jain said in a statement. “The …
The gem and jewellery industry has a lot expectation from the Modi government in the upcoming Union Budget 2021-22. According to Ashish Pethe, the chairman of All India Gem and Jewellery Domestic Council, the government should assess the adverse impact of higher import duty on the jewellery trade and suggested to cut the customs duty to 4 per cent from …