The Indian government in the Union Budget 2025-26 proposed to reduce the number of Basic Custom Duty (BCD) rates on several ...

By far, the most important part of any EV is the battery. It’s also one of the youngest technologies because, while first ...

Union budget presents a bold vision for India’s continued journey towards Viksit Bharat, aiming to make India Aatmanirbhar and a global leader in manufacturing, while simultaneously driving inclusive ...

In a significant boost for India’s electric vehicle (EV) ecosystem, the automotive industry has warmly welcomed the ...

Budget announcement boosts local manufacturing for lithium ion batteries, but industry seeks more support for EV adoption.

Summary: The Union Budget 2025 proposes a rationalized customs tariff structure by removing seven tariff rates, leaving only eight, with minor reductions on select items. To support domestic ...

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

Changes under Customs, Excise & Service Tax. CHANGES IN CUSTOMS. The Finance Minister introduced the Finance Bill, 2025 in Lok Sabha tod ...

Announcements: Here is a round-up of budget announcements related to AI, deep technology, electronics goods manufacturing, ...

Government announces customs tariff rationalization to support manufacturing, exports, and trade, including exemptions for critical minerals and technical textiles.

The budget aims to enhance India's tech economy through customs duty hikes, a deep-tech fund, and an AI education centre.

The changes in import tariffs will benefit labour-intensive sectors such as gem and jewellery, textiles, leather and footwear ...