India's upcoming Union Budget is expected to boost electric vehicle adoption. Measures will likely focus on strengthening domestic manufact...

Finance Minister Nirmala Sitharaman indicated that the new income tax bill will be addressed in the upcoming monsoon session of Parliament....

Global EV manufacturers, including BYD and Tesla, are shifting focus to India, anticipating growth in its nascent electric vehicle market. ...

India's mineral industry, a major global producer, is poised to grow with the introduction of the National Critical Mineral Mission. Govern...

The Union Budget's focus on agriculture and tax relief is expected to spur demand in the automobile industry. Industry leaders praise the b...

Union Budget: India's automotive sector has grown into the world's third-largest market, driven by consumer demand and government policies ...

The GST Council is set to discuss several changes, including reducing tax on life and health insurance premiums, food delivery platforms, a...

Finance Minister Sitharaman's budget preparation raises EV sector optimism. Expected measures include FAME-3, charging infrastructure funds...

We are also hearing this that the excise duty on CNG may be considered for rationalisation by government because the other tax that is ther...

If 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.

"There are still a lot of EV component parts that need to be imported, including lithium batteries, permanent magnets for electric motors, ...

Commenting on the impact of the income tax rebate on entry level cars, Shashank Srivastava, executive director, Maruti Suzuki said, “The in...

Automobile industry body Society of Indian Automobile Manufacturers President Vinod Aggarwal said a 33 per cent increase in capital outlay ...

Cellular Operators' Association of India (COAI) in its presentation to the Finance Minister has sought a reduction of levies and taxes on t...

Prabhudas Lilladher sees rationalisation of the tax and duty structure such as 18 per cent GST on all the auto components to minimise spuri...

India Inc wants a strong stimulus dose for the pandemic-hit economy in the upcoming budget to help it rebound from the Covid disruption

"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...