Highlights

  • 36 lifesaving drugs exempted from BCD
  • Expanded Patient Assistance Programs for medicines
  • Exemption includes cancer, rare disease treatments

Latest news

Energy key to India's national resilience: Sagar Adani

Energy key to India's national resilience: Sagar Adani

Sajid Nadiadwala banner enters Gujarati cinema with 'Dhabkaaro', film to release on May 1

Sajid Nadiadwala banner enters Gujarati cinema with 'Dhabkaaro', film to release on May 1

Louvre Furnishings Group's Global Home Carnival Gains Momentum, Blending Trade, Culture and Holiday Promotions

Louvre Furnishings Group's Global Home Carnival Gains Momentum, Blending Trade, Culture and Holiday Promotions

Strait of Hormuz disruption may push global food prices higher in coming years, warns Economics Professor, Singapore

Strait of Hormuz disruption may push global food prices higher in coming years, warns Economics Professor, Singapore

Anondita Medicare Limited- Update on Qualification as Vendor under South Africa Government Tender (RT75-2025)

Anondita Medicare Limited- Update on Qualification as Vendor under South Africa Government Tender (RT75-2025)

Liebherr Appliances India Strengthens Its Commitment to India with the Expansion of Its FreshBreeze Range

Liebherr Appliances India Strengthens Its Commitment to India with the Expansion of Its FreshBreeze Range

Delhi HC to pass interim order on Arjun Kapoor's plea seeking personality rights protection

Delhi HC to pass interim order on Arjun Kapoor's plea seeking personality rights protection

Didn't Get IIT CSE? These B.Tech AI-First Programs Are Competing With IIT-Level Outcomes

Didn't Get IIT CSE? These B.Tech AI-First Programs Are Competing With IIT-Level Outcomes

Budget 2025: FM expands custom duty exemptions on lifesaving drugs

In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced the expansion of lifesaving drugs exempt from Basic Customs Duty (BCD), including treatments for cancer, rare diseases, and chronic illnesses.

Budget 2025: FM expands custom duty exemptions on lifesaving drugs

In a significant move to ease the financial burden on patients with severe chronic ailments, Union Finance Minister Nirmala Sitharaman announced the expansion of the list of lifesaving drugs and medicines fully exempted from Basic Customs Duty (BCD) in the Union Budget 2025-26.

This initiative aims to offer relief to those suffering from conditions like cancer, rare diseases, and other critical health issues.

As part of this initiative, 36 additional lifesaving drugs and medicines have been added to the fully exempted category. This includes advanced treatments for cancer, genetic disorders, and immune-related conditions, helping make these therapies more affordable for patients who need them most.

Additionally, six more lifesaving medicines have been moved to the concessional duty list, attracting a reduced customs duty rate of 5 percent.

In a further effort to increase accessibility, the government has also extended full exemption and concessional duty to bulk drugs used in the production of these medicines.

The expansion of exemptions also includes the incorporation of new medicines under Patient Assistance Programmes (PAPs). These programs play a vital role in providing free medicines to patients in need. The government has added 37 more medicines to the fully exempted list when supplied free of charge through 13 new PAPs.

The expanded exemption covers a variety of treatments, including cancer medications like Onasemnogene abeparvovec, Asciminib, Daratumumab, and Teclistamab. It also includes medicines for rare diseases such as Risdiplam, Spesolimab, Velaglucerase Alpha, and Agalsidase Alfa.

Moreover, treatments for severe chronic illnesses, including Alirocumab, Evolocumab, and Inclisiran, have been incorporated into the expanded list, making these life-saving medications more accessible to those who need them most.

ADVERTISEMENT

Up Next

Budget 2025: FM expands custom duty exemptions on lifesaving drugs

Budget 2025: FM expands custom duty exemptions on lifesaving drugs

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Reliance denies buying Iranian oil amid US sanctions waiver

Reliance denies buying Iranian oil amid US sanctions waiver

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

Govt announces seven measures to help boost exports

Govt announces seven measures to help boost exports

ADVERTISEMENT

editorji-whatsApp

More videos

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI pauses rate cuts, retains interest rate at 5.25 pc

RBI pauses rate cuts, retains interest rate at 5.25 pc

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

Explained: India-US trade deal, tariffs and trade benefits

Explained: India-US trade deal, tariffs and trade benefits

Trade deal with US adds momentum to India's growth ambition: Industry leaders

Trade deal with US adds momentum to India's growth ambition: Industry leaders

Rupee jumps 119 paise to 90.30 against the US dollar on India-US trade deal

Rupee jumps 119 paise to 90.30 against the US dollar on India-US trade deal

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.