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Impact Of GST On Pharma Sectors

 

The Goods and Services Tax (GST) is a comprehensive tax on the manufacture, sale and consumption of goods and services at a national level. The new system is set to be a game changer, once it is implemented from the proposed date of July 1, 2017. GST    is  a Tax that will be levied  on every value addition. The Central GST is the areas where the states has the powers and the state GST where the state has taxation capabilities. The Integrated GST is not for movement of goods within the states of the Indian union. This will collected by the union however will be transferred over to the states. Thus it is essential to rolled over in the entire nation simultaneously when it comes out.

It is believed that information technology will play a crucial role in its effective execution and hence it is necessary to have a durable infrastructure to ensure seamless compliance and tax administration but analysts warned that there will be very less effect on the inflationary impact of GST on prices of medicines in the short run of one or two years. Also, the impact on pricing of drugs will be neutral up to 12%  tax rate and beyond that, there will be inflationary effect to some extent. The main concern is the rate of GST must be kept at a competitive level in order to have no increase in prices of drugs and medicines. GST may also have the impact on companies to clean up their supply chain in order to save taxes. It is seen that despite the initial issues of tax rate and compliance, in the long run, GST will be a win-win situation for both pharmaceutical companies and consumers.  The Indian pharmaceutical industry, with a domestic turnover of over $15 billion, has been witnessing high growth over the past decade. But it is facing problems like cumbersome taxation, heavy competition and increasing price controls.  Allopathic  medicines comes under the 12 per cent slab of the recently announced GST rates. And the pharmaceutical industry is worried that transition troubles may be around the corner, if the government does not act soon enough to tackle them. There is a lot of confusion amongst the manufacturers, wholesalers, traders and retailers. “As far as the health care and pharma industry is concerned, it is expected that the new GST legislation would benefit the consumers by making affordable health care a reality.”

The Indian healthcare sector is likely to touch $150  billion by the end of 2017. Healthcare Industries is one of the leading contributors with respect to revenue and employment from tax.Indian Pharmaceutical sector is fragmented and complex with more than twenty thousand registered units. Many pharmaceutical companies currently work on traders-of-goods model in which quite a few services they avail becomes a cost for them with service tax implications involved. But with seamless credit mechanism to be introduced by GST the service tax paid by the companies will come back to them as a refund and in that way saving the cost.  The impact of GST on the pharmaceutical industry is still not very transparent. But both end consumers and industry players hope this to culminate in a win-win situation. With reduced complexities and overall reduction in cost this translates to be a profitability and promising development.

“It is still not clear that whether the healthcare sector, as well as life-saving drugs and medical devices, will continue to be exempted from the taxes after the implementation of the Act or not. In case you are confused about GST as a business owner, feel free to consult the GST experts . ”

There are Taxes that GST replaces:
  1. Central Excise Duty
  2. Service Tax
  3. Countervailing Duty
  4. Special Countervailing Duty
  5. Value Added Tax (VAT)
  6. Central Sales Tax (CST)
  7. Octroi
  8. Entertainment Tax
  9. Entry Tax
  10. Purchase Tax
  11. Luxury Tax
  12. Advertisement taxes
  13. Taxes applicable on lotteries.

 

 

Cetirizine 10mg tablet

An Allergy

An allergy is a heightened sensitivity to a foreign substance (called an allergen) that causes the body’s defense system (the immune system) to overreact when defending itself.Certain people are sensitive to this allergen and have a reaction when exposed to it. Some allergic reactions are mild and harmless, but others are severe and potentially life-threatening.

 

An allergy is the response of the body’s immune system to normally harmless substances, such as pollens, foods, and house dust mite. Whilst in most people these substances  pose no problem, in allergic individuals their immune system identifies them as a’ threat’ and produces an inappropriate response.

 

HOW TO GET RID OF ALLERGY ??

Cetirizine 10mg Tablet is an antihistamine and it is used to treat allergic symptoms. It reduces the natural chemical histamine in the body. Histamine can produce symptoms of sneezing, itching, watery eyes, and runny nose. It is used to treat cold or allergy symptoms such as sneezing, itching, watery eyes, or runny nose.

 

About Cetirizine 10mg. Tablet

  • Benefits of Cetirizine 10mg. tablet.
  • Side Effects of Cetirizine 10mg. tablet.
  • Before Taking Cetirizine 10mg. tablet.
  • How to take Cetirizine 10mg. tablet.
  • How to store Cetirizine 10mg. tablet.
  • What Cetirizine 10mg. tablet contains..

 

1. Benefits  of Cetirizine 10mg. Tablet.

Cetirizine hydrochloride is the active ingredient of Cetirizine 10 mg Tablets. Cetirizine 10 mg Tablets is an antiallergic medication.In adults and children aged 6 year and above, Cetirizine 10 mg Tablets are indicated

  • For the relief of symptoms of hay fever (seasonal allergic rhinitis) and allergies such as dust or pet allergies (perennial allergic rhinitis), such as sneezing, itchy, runny and blocked nose, red and watery eyes.
  • For the relief of swelling, redness and itchiness of the skin (symptoms of chronic idiopathic urticaria, which is also known as chronic nettle rash).

2. Side Effects of Cetirizine 10mg. tablet.

  • Uneven Heartbeat
  • Weakness
  • Tremors
  • Sleep problem
  • Problem with vision
  • Confusion
  • Dizziness
  • Tired Feeling
  • Headache

      

3. Before taking Cetirizine 10mg. tab.

Do not take Cetirizine 10 mg Tablets

  • if you have a severe kidney disease (severe renal failure with creatinine clearance below 10 ml/min).
  • if you are known to be allergic (hypersensitive) to the active substance of Cetirizine 10 mg Tablets or any of the other ingredients of these tablets (these are listed below, in section 6 “Further information”).
  • if you are known to be allergic (hypersensitive) to hydroxyzine (closely related active substances of other medicines).
  • if you are known to be allergic (hypersensitive) to drugs from the piperazine family, for example buclizine, cyclizine, meclozine, levocetirizine.

You should not take Cetirizine 10 mg Tablets:

  • if you have an intolerance to some sugars, unless your doctor tells you to (this medicine contains lactose).

 

Take special care with Cetirizine 10 mg Tablets

If you have kidney problems, please ask your doctor for advice; if necessary, you may have to take a lower dose. The new dose will be determined by your doctor.

 

If you are an epileptic patient or a patient at risk of convulsions, you should ask your doctor for advice.

 

Taking other medicines

Please tell your doctor or pharmacist if you are taking or have recently taken any other medicines, including medicines obtained without a prescription.

 

Due to the profile of cetirizine, no interactions with other drugs are expected.

 

Taking Cetirizine 10 mg Tablets with food and drink

Food does not noticeably affect the absorption of cetirizine.

 

No interactions having a noticeable impact have been observed between alcohol (at the blood level of 0.5 per millilitre corresponding to one glass of wine) and cetirizine used at the normal doses. However, as it is the case with all antihistamines, it is recommended to avoid consumption of alcohol while taking this medicine.

 

Pregnancy and breast-feeding

Ask your doctor for advice before taking any medicine.

 

As with other drugs, use of Cetirizine 10 mg Tablets should be avoided by pregnant women. Accidental use of the drug by a pregnant woman should not produce any harmful effects on the foetus. Nevertheless, the administration of the medicine should be discontinued.

 

You should not take Cetirizine 10 mg Tablets during breast-feeding because cetirizine passes into breast milk.

 

Driving and using machines

Clinical studies have produced no evidence of impaired attention, alertness and driving capabilities after taking Cetirizine 10 mg Tablets at the recommended dose.

If you intend to drive, operate machinery, or perform other tasks that need your full attention, you should not exceed the recommended dose and you should closely observe your response to the drug.If you are a sensitive patient, you may find that the simultaneous use of alcohol or other nervous depressant agents may additionally affect your attention and ability to react.

 

Important information about some of the ingredients of Cetirizine 10 mg Tablets

Cetirizine 10 mg Tablets contain lactose; if you have been told by your doctor that you have an intolerance to some sugars, please contact your doctor before taking this medicinal product.

 

Allergy skin test

If you are going to have an allergy skin test stop taking Cetirizine 10 mg Tablets for three days before the test.

 

4. How to take Cetirizine 10mg Tablet

Adults and adolescents above 12 years old:

10 mg once daily as one tablet.

 

Children between 6 and 12 years old:

5 mg twice daily as half a tablet.

 

Patients with kidney problems:

Patients with moderate renal impairment are recommended to take 5 mg once daily as a half tablet.

If you feel that the effect of Cetirizine 10 mg Tablets is too weak or too strong, please consult your doctor.

 

If you take more Cetirizine 10 mg Tablets than you should

If you think you have taken an overdose of Cetirizine 10 mg Tablets, please inform your doctor. Your doctor will then decide what measures, if any, should be taken.

After an overdose, the side effects described below may occur with increased intensity. Adverse effects such as confusion, diarrhoea, dizziness, tiredness, headache, ailing, dilating (widening) of the pupil, itching, restlessness, sedation, somnolence, stupor, abnormal rapid heart rate, tremors and urinary retention have been reported.

 

If you forget to take Cetirizine 10 mg Tablets

If you forget to take a tablet, take it as soon as you remember, but wait at least 24 hours before taking the next tablet. Do not take a double dose to make up for a forgotten dose.

 

If you stop taking Cetirizine 10 mg Tablets

If you have any further questions on the use of this product, ask your doctor or pharmacist.

 

5. How To Store Cetirizine 10mg Tab.

Keep out of the reach and sight of children. Do not use Cetirizine 10 mg Tablets after the  expiry date which is stated on the box and blister.

 

6. What Cetirizine 10mg. tablet contains.

The active substance of Cetirizine 10 mg Tablets is cetirizine hydrochloride. One film-coated tablet contains 10 mg cetirizine hydrochloride. The other ingredients are: pregelatinized starch, lactose, maize starch, povidone, magnesium stearate, macrogol 6000, basic polymethacrylate, titanium dioxide (E171), talc.

 

ABOUT OUR BRAND 

TYPE OF PRODUCT : Anti-Allergic
USED FOR  :  Relief of swelling, redness and itchiness of the skin
BRAND NAME :  ARIZINE-10
AVAILABLE AS :  TABLET ( 10*5*10 TABLETS)

The Highlights of Union Budget 2017-18

Union Budget(2017-18) For Healthcare and Financial Sector

The Union Budget of India, also referred to as the Annual financial statement in the Article 112 of the Constitution of India, is the annual budget of the Republic of India. The Government presents it on the first day of February so that it could be materialized before the commencement of new financial year in April. Till 2016 it was presented on the last working day of February by the Finance Minister of India in Parliament. The budget, which is presented by means of the Finance bill and the Appropriation bill has to be passed by both the Houses before it can come into effect from April 1, the start of India’s financial year.

 

The 2017-18 Union Budget, presented by Finance Minister Arun Jaitley on Wednesday, was broadly focused on following themes—

  • The Farming sector 
  • The Rural Population
  • The  Youth and Education
  • The Poor and Underprivileged healthcare
  • Infrastructure and Railway
  • Financial Sector for Stronger Institutional
  • Funding for Political Parties
  • Tax Administration

 

Financial Sector for Stronger Institutional

  • FDI policy reforms – more than 90% of FDI inflows are now automated.
  • Shares of Railway PSE like IRCTC will be listed on stock exchanges.
  • Bill on resolution of financial firms will be introduced in this session of Parliament.
  • Foreign Investment Promotion Board will be abolished.
  • Revised mechanism to ensure time-bound listing of CPSEs.
  • Computer emergency response team for financial sector will be formed.
  • Pradhan Mantri Mudra Yojana lending target fixed at Rs 2.44 lakh crore for 2017-18.
  • Digital India – BHIM app will unleash mobile phone revolution. The government will introduce two schemes to promote BHIM App – referral bonus for the users and cash back for the traders.
  • Negotiable Instruments Act might be amended.
  • DBT to LPG consumers , Chandigarh is kerosene-free, 84 government schemes are on the DBT platform.
  • Head post office as the central office for rendering passport service.
  • Easy online booking system for Army and other defence personnel.
  • For big-time offences – including economic offenders fleeing India, the government will introduce legislative change or introduce law to confiscate the assets of these people within the country.

 

Focus of government continues to be on skill training which should help overall employment and employability of youths. Positive for the overall economy. Infrastructure status to housing finance companies would help reduce interest rates. This coupled with interest subvention scheme can go a long way in pushing low cost housing demand

       

The Poor and Underprivileged Healthcare

  • FDI policy reforms – more than 90% of FDI inflows are now automated.
  • Shares of Railway PSE like IRCTC will be listed on stock exchanges.
  • Bill on resolution of financial firms will be introduced in this session of Parliament.
  • Foreign Investment Promotion Board will be abolished.
  • Revised mechanism to ensure time-bound listing of CPSEs.
  • Computer emergency response team for financial sector will be formed.
  • Pradhan Mantri Mudra Yojana lending target fixed at Rs 2.44 lakh crore for 2017-18.
  • Digital India – BHIM app will unleash mobile phone revolution. The government will introduce two schemes to promote BHIM App – referral bonus for the users and cash back for the traders.
  • Negotiable Instruments Act might be amended.
  • DBT to LPG consumers , Chandigarh is kerosene-free, 84 government schemes are on the DBT platform.
  • Head post office as the central office for rendering passport service.
  • Easy online booking system for Army and other defence personnel.
  • For big-time offences – including economic offenders fleeing India, the government will introduce legislative change or introduce law to confiscate the assets of these people within the country.

Are you looking for PCD Pharma Companies in Chandigarh?

In Pharma Terminology PCD stands for Pharma Propaganda-Cum-Distribution. It is distinctly functioning business body that endues the entrepreneur with opportunity with exclusive rights in their province. PCD as a whole has shown marvellous growth since past few years and seems stringently promising for the near future.

 

Focus Healthcare Pvt. Ltd. is the Top/Best leading Pharma Franchise Company in India. we offer our services according to the latest marketing trends by our skilled professionals and efficient management. We are Chandigarh based pharma franchise provider. We are trader of Pharmaceutical Tablets, pharmaceutical Capsules, Pharmaceutical Syrups, Pharmaceutical injections, Nutraceuticals and herbal Products.
 
We provide

PCD Pharma Franchise

Focus Healthcare Pvt. Ltd. is one of the growing Pharma Franchise Company. We trust in providing best Pharma Franchise to our Customers.We are the best Pharma PCD Company in the industry. We provide a wide range of products. We are looking for Franchise on PCD (propaganda cum distribution) basis in all states in India.We at Focus Healthcare Pvt. Ltd. are the prominent suppliers of quality pharmaceutical products,  Nutraceuticals,  Ayurvedic Products which includes present day Antibacterial, Anti-diabetic, Anti-hypertensives, Anti inflammatory and Liver/stone Preparations etc. on PCD and Franchisee basis. At FOCUS HEALTHCARE PVT. LTD. Drugs are formulated under strict GMP & ISO 9001:2008 Specifications. Quality ingredients from authentic principle suppliers are procured so as to enhance the efficacy of our products. Our Products are widely accepted by top DOCTORS of all medical specialities in the leading hospitals of the country. We are having multi crore turnover & our Products are promoted under three different Divisions:

  • FOCUS HEALTHCARE PVT. LTD.
  • AROMATIC PHARMACEUTICALS PVT. LTD.
  • RUBY LIFE SCIENCES