Month: January 2017
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2017, A Challenging and tough year for pharmaceutical Sector
In year 2016, pharmaceutical sector scored growth, but growth was mainly due to increase in pharma export. But power change in USA, will surely affect export revenue of Indian Pharmaceutical Sector. Price control in USA pharmaceutical Market, pressure of big USA pharmaceutical companies to strong patent policy, change in USFDA approval policy are few reasons…
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How to apply for GST (Goods and Service Tax Identification Number) Registration?
What is GST? GST is stand for Goods and Service Tax. Goods and Service Tax is a indirect tax which replaced all existing indirect taxes levied by State and Center Government in India. It was applicable from 1st of July 2017. It was much awaited tax reform that will help in One India, One Tax…
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How can a Foreigner purchase medicines from Indian Pharmaceutical Manufacturers?
Query: It is my pleasure to write here for you.I am a foreigner at Delhi now. I asked for medicine from a pharmaceutical factory at early time and they have already finished the production. However, they didn’t sell it to me since I am just a single individual. They say only if I have some…
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How to start Franchise/Pcd Based Pharma Company?
Query: We are intend to start franchises pharma companies. Can you extend your support for companies who want the business. Response: You can start franchises pharma company. There are two type of pharma companies present in India who provide franchises. 1. Pharma Manufacturing Companies2. Pharma Marketing Companies(Read about complete procedure for starting company by…
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How to calculate profit margin in pharma franchise pcd?
Query: This is ————— planning to start a PCD very soon. I happened to read your inputs on how to start , how much to invest and how to calculate the profit. Can you please help me to calculate my net profit from the below table. Please be noted that i am appointing one or…