GST cut on cancer drugs, namkeen & shared copter
The GST Council has reduced the tax rate on specific cancer drugs and helicopter travel on a 'seat-share basis' to 5%, while lowering the levy on namkeen from 18% to 12%. It also agreed to exempt R&D funded by private and public sources from GST. Discussions on health insurance tax reductions were deferred.
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The GST Council has reduced the tax rate on specific cancer drugs and helicopter travel on a 'seat-share basis' to 5%, while lowering the levy on namkeen from 18% to 12%. It also agreed to exempt R&D funded by private and public sources from GST. Discussions on health insurance tax reductions were deferred. 
