Budget wishlist: Pharma firms seek simplified taxes, stronger PLI scheme

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Budget wishlist: Pharma firms seek simplified taxes, stronger PLI scheme - Business Standard

Quick Summary:

Faster resolutions in these areas would enhance the ease of doing business.

Among other demands is the removal of Section 194R, related to marketing samples, which would ease business operations.

Among other demands is the simplification of Advance Pricing Agreements (APAs) and encouraging digital transformation in healthcare through telemedicine and AI-enabled drug delivery systems.