In a world grappling with environmental crises, the electric vehicle (EV) revolution has become a global necessity. Leading the way in South Asia is India, with its prime minister's ambitious ...

Finance Minister Nirmala Sitharaman fully exempts Basic Customs Duty (BCD) on essential materials like cobalt, lithium-ion ...

Customs duty exemption on 35 capital goods for ev battery manufacturing is a crucial boost for the Indian ev segment. This creates an ecosystem for ev batteries, motors, solar PV sales and more.

Budget 2025 LIVE updates: Abhishek Jain, Indirect Tax Head & Partner of KPMG, highlighted that the adjustments announced to ...

Furthering efforts to boost the electronics sector, Sitharaman declared a complete exemption of BCD on parts for Open Cells used in LCD and LED TV manufacturing.

Hero MotoCorp Executive Chairman Pawan Munjal said the Union Budget 2025 fuels India’s growth engines with a bold push for ...

Government promotes domestic manufacturing of lithium-ion batteries for electric mobility through duty exemptions, policy ...

The most notable of the proposed reforms was the extension of the ‘nil tax’ slab to Rs 12 lakh. She stated, “To taxpayers up to Rs 12 lakh of normal income (other than special rate income such as ...

Move will create strong EV ecosystem in India, says Shailesh Chandra, President, SIAM and MD, Tata Motors Passenger Vehicles ...

Industry leaders have largely welcomed the government’s emphasis on domestic manufacturing, customs duty exemptions, and ...

Budget 2025 brings positive news for smartphone and Smart LED TV buyers as Finance Minister Nirmala Sitharaman announces ...

Hyundai Motor India's total sales dropped 3 percent year-on-year to 65,603 units in January. Creta Electric boosted SUV sales ...