Auto industry gets an electric boost
Finance Minister Nirmala Sitharaman’s maiden Budget provides tax incentives and GST cuts for electric vehicles.
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July 2019
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October 2018
Auto industry seeks GST cuts from Budget 2019-20
The industry, which is facing headwinds such as rising fuel prices, muted consumer sentiment, and the transition to BS VI emission norms, expects the cut to provide some relief.
No major announcement for the auto industry
Except for push for electric vehicles, there was no cut in GST or tax benefit for alternative fuel vehicles.
EV sales double despite FAME II delay
With 56,000 units sold so far, India has shown slow but steady progress towards electric adoption. But in the absence of a comprehensive policy, is it too soon to judge?
