Sector overview
The healthcare and pharmaceutical sectors combine complex clinical research, medical operations, and regulatory standards. Key tax items include R&D expenditure tax deductions, GST exemptions on healthcare services, and managing pricing regulations on essential drugs. We guide pharmaceutical developers, hospital networks, and medical device manufacturers through tax planning, internal controls auditing, and corporate regulatory filings.
Common challenges
- Documenting and claiming R&D tax deductions under Section 35(2AB).
- Navigating GST rules on medical services vs commercial pharmacy sales.
- Adhering to strict compliance guidelines for clinical trials funding.
- Auditing pharmacy stock holdings and verifying drug expiry write-offs.
How we support this industry
- R&D expenditure certification and tax planning advisory.
- Statutory audits for hospitals and pharmaceutical manufacturers.
- GST compliance and classification advisory for healthcare services.
- Internal audits of procurement cycles and drug inventory controls.
