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India Launches EV Manufacturing Portal: Global Automakers Can Import Premium EVs at Slashed 15% Customs Duty Under SPMEPCI Scheme [Read Order]

Adwaid M S

India has taken a major step to attract global electric vehicle (EV) manufacturers by launching an online portal under the SPMEPCI scheme, making it...

Gensol Company Fraud - Sparks Debate - Auditor Duties - ICAI - taxscan

Gensol Company Fraud Case Sparks Debate on Auditor Duties, ICAI Yet to Act

EV road tax - KN Balagopal budget kerala state budget - Taxscan

Kerala State Budget 2025: FM proposes to increase Road Tax on Electric Vehicles

Union Budget 2025 Expectations: Everything We Know So Far

MBA - MBA job vacancy - MBA careers - Mahindra Vacancy - job scan - TAXSCAN

MBA Vacancy in Mahindra

"Border Adjustment Mechanism" Carbon Taxation by EU is Arbitrary, says FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has expressed strong criticism of the European Union's Carbon Border Adjustment Mechanism ( CBAM ), describing it as a unilateral and arbitrary move that could...

Carbon Taxation - Border Adjustment Mechanism - Carbon Taxation by EU - Nirmala Sitharaman - taxscan

Assam Budget 2024: Motor Vehicle Tax Cut by 2%, Registration Fees Waived for New Electric Vehicles

The Assam Finance Minister Ajanta Neog has presented the budget of 2024 on February 12th February. The present budget was her 4th budget under Chief Minister Dr. Himanta Biswa Sarma. The Assam...

Assam Budget 2024 - Budget 2024 - Motor Vehicle Tax - Electric Vehicles - Chief Minister Himanta Biswa Sarma - taxscan

Budget 2024: Finance Minister may Announce Support Package of ₹12,500 Crores for Electric Mobility Players

In the interim budget 2024, the finance minister, Nirmala Sitharaman may announce a support package of ₹12,500 crores for electric mobility players. India's EV sector hit a major milestone in...

Budget 2024 - Nirmala Sitharaman - Finance Minister - Budget 2024 India - Electric Vehicle Funding - taxscan

Budget 2024: EV Manufacturers vouch for Lower GST Rates

The rapidly growing electric vehicle (EV) industry is eagerly awaiting announcements in the upcoming Union Budget, hoping for positive support from Finance Minister Nirmala Sitharaman in the next...

Budget - EV Manufacturers - Lower GST Rates - GST Rates - GST - EV Manufacturers vouch for Lower GST Rates - taxscan

Karnataka Govt withdraws plan to impose 20% Lifetime Tax on Electric Vehicles

Karnataka Transport Minister Ramalinga Reddy on Wednesday rolled back a proposal to levy 20 per cent tax on electric vehicles costing above Rs 20 lakh, following a nudge from lawmakers across...

Karnataka - withdrawal - impose -Lifetime Tax - Electric Vehicles - TAXSCAN

India Mulls Tax Reductions on Fully Assembled Electric Cars to attract Tesla and Other EV manufacturers

The Indian government is actively exploring the prospect of implementing tax reductions on fully assembled electric vehicles (EVs) imported into the country for a duration of up to five years. This...

Mulls Tax Reductions - Tax Reductions - Reductions - Electric Cars - taxscan

Toyota Pushes for 21% Tax Cut on Hybrid Vehicles, Emphasising Environmental Benefits

Toyota Motor is actively involved in lobbying the government, calling for a significant tax reduction on hybrid vehicles, according to a Reuters report. The company is pushing for a substantial 21...