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EV DUTY RATIONALISATION
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...- Can Budget take a leaf out of China's BYD story to give India its own EV giant?India's EV market is growing, but faces challenges like a two-wheeler sales slowdown and financing issues. From Budget 2026, the industry s...
- Budget: Auto cos seek EV duty rationalisation, support for multiple green energy pathwaysUnion Budget 2026: Indian auto industry is seeking reduced duties on electric vehicle components and more support for local EV technology. ...
- Budget 2026: EV incentives, step up R&D, localisation push on wishlistIndia's upcoming Union Budget is expected to boost electric vehicle adoption. Measures will likely focus on strengthening domestic manufact...
- Monsoon session to take up new IT BillFinance Minister Nirmala Sitharaman indicated that the new income tax bill will be addressed in the upcoming monsoon session of Parliament....
- It's just not Tesla; global electric wheels take turn on to Indian roadsGlobal EV manufacturers, including BYD and Tesla, are shifting focus to India, anticipating growth in its nascent electric vehicle market. ...
- Tapping minerals, pushing deep: Can India become a global leader in the critical minerals sector?India's mineral industry, a major global producer, is poised to grow with the introduction of the National Critical Mineral Mission. Govern...
- Budget 2025: Agri focus, tax relief to create positive momentum for auto sectorThe Union Budget's focus on agriculture and tax relief is expected to spur demand in the automobile industry. Industry leaders praise the b...
- Driving India’s auto future: Budget 2025-26 expectations for a sustainable and competitive industryUnion Budget: India's automotive sector has grown into the world's third-largest market, driven by consumer demand and government policies ...
- GST Council meet: Ordering from Swiggy, Zomato may get cheaper; health insurance exemption on cardsThe GST Council is set to discuss several changes, including reducing tax on life and health insurance premiums, food delivery platforms, a...
- EV Industry seeks incentives, funds for infrastructure, tax rationalisation from BudgetFinance Minister Sitharaman's budget preparation raises EV sector optimism. Expected measures include FAME-3, charging infrastructure funds...
- GST inclusion may double natural gas demand in seven years: Sanjay Kumar, GAILWe are also hearing this that the excise duty on CNG may be considered for rationalisation by government because the other tax that is ther...
- Rationalisation of duty structure important for fast adoption of new technologies: BMW India HeadIf the duties were less, it will allow the companies to bring in products and offer it to the customer at the right price, he added.
- Budget 2023: Electric vehicle manufacturers welcome continuation of import sops"There are still a lot of EV component parts that need to be imported, including lithium batteries, permanent magnets for electric motors, ...
- Vehicle scrappage policy IT rebate to boost car salesCommenting on the impact of the income tax rebate on entry level cars, Shashank Srivastava, executive director, Maruti Suzuki said, “The in...
- Automobile industry refers to Budget as growth-orientedAutomobile industry body Society of Indian Automobile Manufacturers President Vinod Aggarwal said a 33 per cent increase in capital outlay ...
- Pre-Budget meet: Infrastructure sector demands rationalisation of GST, easier bank credit, hike in public expenditureCellular Operators' Association of India (COAI) in its presentation to the Finance Minister has sought a reduction of levies and taxes on t...
- Here's a list of sops that FM may announce for auto sector in Budget 2022Prabhudas Lilladher sees rationalisation of the tax and duty structure such as 18 per cent GST on all the auto components to minimise spuri...
- Budget 2021: What industry wantsIndia Inc wants a strong stimulus dose for the pandemic-hit economy in the upcoming budget to help it rebound from the Covid disruption
- Higher taxes, other levies hurting luxury car sales; govt must address in Budget: Audi India head"Luxury car sales are impacted by high GST rates, import duties and registration taxes, which is limiting the segment to a mere 1.2 per cen...
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