Try GOLD - Free
Exemptions for Life-Saving Drugs, Critical Minerals
The New Indian Express Tirunelveli
|February 02, 2025
Finance Minister Nirmala Sitharaman on Saturday announced a series of exemptions and revisions to Basic Customs Duty (BCD) across various sectors.
One of the key announcements was the full exemption of BCD on 36 life-saving drugs and medicines, which will be added to the existing list of exempted items.
The minister also proposed including six more life-saving medicines in the category that attracts a concessional customs duty of 5%. In addition, drugs and medicines under Patient Assistance Programmes, run by pharmaceutical companies, will continue to be fully exempt from BCD, provided they are supplied free of cost to patients. Furthermore, she proposed adding 37 more medicines and introducing 13 new patient assistance programmes.
This story is from the February 02, 2025 edition of The New Indian Express Tirunelveli.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Tirunelveli
The New Indian Express Tirunelveli
No truck with Ajit’s NCP in BMC polls over Malik: BJP
THE BJP said on Wednesday that it will not have a tie-up with its MahaYuti ally NCP for the Brihanmumbai Municipal Corporation (BMC) elections as Deputy CM Ajit Pawar’s party has named Nawab Malik, an accused in a money laundering case linked to gangster Dawood Ibrahim’s aides, as the poll in-charge.
1 min
December 18, 2025
The New Indian Express Tirunelveli
Ratle power project in J&K set to face 2-yr delay
THE hopes of relief from power outages in electricity-deficit Jammu and Kashmir have dimmed as the 850-MW Ratle hydroelectric power project in Kishtwar district is set to face a delay of more than two years in its commissioning.
2 mins
December 18, 2025
The New Indian Express Tirunelveli
Snicko admits operator error led to Carey’s reprieve
THE operator of the Snicko technology being used in the Ashes has admitted an error led to a reprieve for Australia’s Alex Carey on the first day of the third Test in Adelaide on Wednesday.
2 mins
December 18, 2025
The New Indian Express Tirunelveli
At Alpine SG Pipers, a great team comes with caveat – 3 for Candidates
AFTER the second day of the Global Chess League on Monday, just when Alpine SG Pipers’ team bus had pulled up at the hotel to drop the players off, Fabiano Caruana and Anish Giri were sitting side by side next to the door.
2 mins
December 18, 2025
The New Indian Express Tirunelveli
Eternal's Goyal, Nykaa founder Nayar in Hurun India's Top 10 'self-made' list
DEEPINDER
1 mins
December 18, 2025
The New Indian Express Tirunelveli
51 cartons of Nehru papers sent to Sonia missing, says govt
DAYS after informing the Lok Sabha that no documents related to India's first Prime Minister Jawaharlal Nehru were missing from the Prime Ministers' Museum and Library (PMML), the culture ministry on Wednesday clarified that 51 cartons of Nehru papers had been sent to Congress leader Sonia Gandhi in 2008, and were therefore not untraceable.
1 mins
December 18, 2025
The New Indian Express Tirunelveli
Festival hopping in Jaipur: Winter edition
For those of you who have done their fair share of exploring the Pink City, can enjoy the destination through these cultural events...
1 mins
December 18, 2025
The New Indian Express Tirunelveli
Cancel green nod for building: PIL in marshland case
Court stays cancellation of licence in Coldrif case
1 mins
December 18, 2025
The New Indian Express Tirunelveli
Ramadoss demands CBI investigation on his son
THE executive committee of the S Ramadoss-led faction of Pattali Makkal Katchi on Wednesday demanded an investigation by the CBI against Anbumani Ramadoss.
1 min
December 18, 2025
The New Indian Express Tirunelveli
'Excessive fog' leads to T20I abandonment
BY the time the fourth T20I between India and South Africa in Lucknow was officially called off on Wednesday, two and a half hours had passed.
2 mins
December 18, 2025
Listen
Translate
Change font size