GST and Healthcare
A significant change involves cheaper cancer treatments thanks to a GST cut on life-saving drugs, aiming to make healthcare more affordable for all. This
move reflects a commitment to improving access to essential medical provisions within the country.
Telecom Sector Growth
Analysts predict strong telecom sector growth, driven by rising data usage. This trend suggests potential opportunities in the market, aligning with India's digital expansion and the increasing reliance on digital services across the nation.
GST-Free Essentials
Starting September 22, certain essential goods will become GST-free, including food items like 'roti' and school supplies. This GST reform aims to ease financial burdens on families and students, promoting affordability across daily necessities.
Tax Holiday for Growth
Polymatech is seeking a tax holiday to boost the semiconductor sector. The government is actively considering the needs of businesses to facilitate growth within the technology industry.
