Volume : I, Issue : XII, September - 2012

Impact Of Budget On Pharmaceutical Industry In India

Archana J. Bhoot

Abstract :

Research and development (R&D) in the pharmaceutical sector received significant impetus through the extension of 200% weighted deduction on in–house R & D expenditure. Capital expenditure on R & D for an industry such as pharmaceutical is critical for the growth of the industry and the proposal is expected to boost the active pharmaceutical ingredient (API) market in India. Implementation of advance pricing agreement is also expected to help the pharmaceutical industry to reduce its tax litigation cases. On the other hand, excise duty hike is expected to increase raw material prices for the industry.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Archana J. Bhoot Impact Of Budget On Pharmaceutical Industry In India Indian Journal of Applied Research, Vol.I, Issue.XII September 2012

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