TITLE

Tax sops for pharma R&D may be extended

PUB. DATE
September 2006
SOURCE
Chemical Business;Sep2006, Vol. 20 Issue 9, p67
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the approval sought by the Ministry of Chemicals and Fertilizers of India from the Finance Ministry for the extension of the time limit of tax exemptions provided for research and development (R&D) activities in the pharmaceutical sector, in September 2006. Department of Chemicals and Petrochemicals secretary Satwant Reddy says that the tax exemption on R&D has been under consideration by the Ministry of Chemicals. The tax incentives will expire on March 31, 2007.
ACCESSION #
22733390

 

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