Sitharaman said the central government plans to amend the Atomic Energy and Civil Liability For Nuclear Damage acts to ...

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.

The push for lithium-ion batteries could make electric vehicles more affordable and drive manufacturing and sales of EVs.EV ...

Finance Minister Nirmala Sitharaman announced a full exemption on basic customs duty on critical minerals used in EV battery ...

The decision to remove customs duty on critical minerals scrap, a long-standing demand of the recycling industry, comes after ...

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.

The government's exemption of basic customs duty on materials needed for lithium-ion batteries aims to lower EV production ...

Budget 2025 haa been presented, and there is quite some buzz about different income tax cuts, import duty cuts and more. How did the business leaders and fonders, CEOs find this budget? Here are the ...

Finance Minister Nirmala Sitharaman has exempted custom duties on lithium-ion battery manufacturing for smartphones and electric vehicles, adding 35 and 28 capital goods respectively to the exemption ...

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 on Saturday (1 February) announced key measures ...

The Palisades is reopening Sunday morning, more than 3 weeks after the start of the Palisades Fire. Checkpoints will be ...

As anticipated by experts, the manufacturing industry received a significant boost from the central government ...