Searched for
ELECTRICITY SUBSIDY TAXATION
Electricity subsidy for existing businesses is taxable, Supreme Court rulesThe Supreme Court recently ruled that electricity subsidies granted under the Income Tax Act are subject to taxation as revenue receipts. T...- PM Modi urges auto industry innovation for Viksit Bharat; pushes for EV accelerationPrime Minister Modi urged the Indian auto industry to innovate for Viksit Bharat by 2047. Adviser Tarun Kapoor stressed accelerating the el...
- India needs to look at taxation on batteries and EV charging services, says Modi's adviserIndia's government advisor, Tarun Kapoor, suggests reviewing tax policies for electric vehicle batteries and charging services. While EV sa...
- ADB lauds India's fossil fuel subsidy reformsIndia has significantly cut its oil and gas subsidies by 85 per cent from 2013 to 2023. This was achieved using policy reforms including ph...
- Budget 2024: EV makers seek stability in incentives, call for long-term subsidy assurance before FAME III roll outBudget 2024: The Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme was originally launched in 2015 to encourage the adop...
- View: FAME III, tax rationalization, PLI tweak & more - What the Indian EV sector needs from Budget 2024-25India, as per IBEF, is the world’s third-largest automobile market and supports the EV 30@30 Campaign. The Finance Minister, Smt. Nirmala S...
- EVs a luxury the Indian rich can’t get enough ofLuxury electric car sales are surging in India, driven by young buyers. Uncertainties loom over market impact of new policies and Tesla's e...
- EV sector may have to wait longer for FAME subsidy extensionThe interim budget did not mention an extension of the FAME subsidy, leaving EV makers uncertain about the future of the FAME II scheme. Wh...
- Budget 2024: Bengaluru’s industry leaders expect regulatory ease, clearer policiesBengaluru’s industry leaders expect the interim Union budget to focus on resolving unfinished agendas and providing regulatory ease. The ma...
- Not just FAME, EV industry wants FM Sitharaman to do these changes in Budget Bahi KhataThe Indian electric vehicle industry seeks government support through initiatives such as the extension and enhancement of the FAME scheme,...
- Short-term inflation in Pakistan stays above 29 per cent as electricity, LPG price hikesThe short-term inflation on a week-on-week basis measured by the Sensitive Price Index (SPI), rose 3.73 per cent which marks the highest in...
- Budget 2023: What is the industry expecting & what should you expect?Finance Minister Nirmala Sitharaman is all set to present the Union Budget come February 1. THe expectations and hopes are aplenty, be it t...
- EV industry seeks extension of subsidies under FAME-II in BudgetThe Society of Manufacturers of Electric Vehicles (SMEV) has sought an extension of subsidies for EVs under the FAME-II scheme, reports sai...
- Freebie debate continues amid economic crises in India's neighbourhoodNarendra Modi warned against a 'revadi' (sweetmeat) culture in politics. The Supreme Court wants an apex body made up of the highest instit...
- European Union, greenhouse gas, WTO, carbon border adjustment mechanism, bam-bamCBAM is what will kindle most debate. Imports, initially in the cement, aluminium, iron and steel, fertiliser and electricity sectors, will...
- Oman to start cutting utility subsidies in JanuaryThe plan, along with labour laws, privatisations and new taxation, is aimed at reducing a yawning fiscal deficit expected to come to 10% of...
- View: Higher fuel taxes, fewer subsidies are good policyThe case for zero subsidies and high taxation is that petroleum fuels are mostly imported and emit toxic pollutants and greenhouses gases. ...
- Government to rationalise subsidies: Arun JaitleyHe said government plans to set up an Expenditure Management Commission and one of its major tasks will be the subsidy bill.
- We will alter policies to accelerate growth: PMAddressing the AGM of FICCI, the Prime Minister said a year or two of excessive pessimism at home has hurt the growth process.
- Parliamentary panel clears Electricity BillA Parliamentary panel on Thursday cleared the much awaited Electricity Bill that proposes to rationalise electricity tariff and bring about...
Load More
