Finance Minister Nirmala Sitharaman presented the Budget 2025, announcing measures to promote electric mobility and green technology. The budget includes exemptions on customs duties for critical ...

In her budget 2025 speech, FM Nirmala Sitharaman announced a National Manufacturing Mission, saying it will boost the EV ecosystem.

While the Budget 2025 may not be an outright boon for the middle-class Indian, the new tax slabs could offer some relief, helping you get closer to buying your dream vehicle.

The proposed income tax cuts could boost the middle class's spending power, potentially increasing demand for two-wheelers, three-wheelers, and small cars, according to Saurabh Agarwal, partner and ...

The recently introduced 2025 Union Budget aims to boost EV battery manufacturing through refining and recycling while also ...

Government promotes domestic manufacturing of lithium-ion batteries for electric mobility through duty exemptions, policy support, and export promotion missions.

In one of her shortest Budget speeches, Nirmala Sitharaman mentioned the word 'tax' 51 times and 'TDS/TCS' 26 times.

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 ...

FM Nirmala Sitharaman, at the Parliament, has announced major tax reductions on the basic customs duties for EV batteries. During her speech for the Union Budget, she stated that the list of exempted ...

BCD will be removed from on 35 different types of capital goods used for lithium-ion battery manufacturing. This will bring down the cost of setting up an EV battery manufacturing factory in India.

India's 2025 budget focuses on agriculture and tax relief, creating a positive impact on the auto industry. The budget ...

The focus will be on solar PV cells, EV batteries, motors and controllers, electrolyzers, wind turbines, very high-voltage ...