Thursday, June 28, 2012

Kerala may give tax concession on ayurveda medicines

Kerala may give tax concession on ayurveda medicines

THIRUVANANTHAPURAM: The state government is planning tax concession on ayurveda medicines along with other steps to boost the traditional system of medicine, said Mr Oommen Chandy, state Chief Minister.
Mr Oommen Chandy, said, “We are committed to set up authentic, quality products as well as classic, curative and promotional services such as wellness centres and ayurveda spas.We have now got the support of Sam Pitroda (adviser to the prime minister on public infrastructure, information and innovations) who is right now working on this. We are also looking at providing tax concession on ayurveda medicine.”
The state government had selected seven key areas in ayurveda for the wholesome development. VS Rajashekaran Pillai, former chief of Indira Gandhi National Open University, has stated that there is requirement to save and also boost the medicinal plants' plantation.

courtesy:indiamart.in

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