VAT Happenings
The long delayed Value Added Tax (VAT) regime that has been implemented in India from April 1 this year has got off to a start in most states except some. Even as some fine tuning will have to be done as the regime progresses, and as the CST gets withdrawn in phases next three years, confusions, fears and resistance have taken their toll and the trade has reluctantly settled down to normal business.

IPRs and implications in SSI pharma units
Dr Parikshit Bansal, in this article, discusses the myths and misconceptions regarding IPRs, especially amongst pharma SSIs and brings out the practical utility of IPRs for even small pharma units.