EV policy needs to de-risk supply chain, Eco Survey flags rising import from China
India's Economic Survey 2024-25 emphasizes the need for enhancing self-reliant electric vehicle supply chains due to dependency on China for key raw materials and components. Increased R&D in battery ...
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Budget 2025 Expectations: FM expected to use indirect tax as key to maintain balance between growth and fiscal discipline
The upcoming budget presents a crucial opportunity to refine indirect tax policies, boost revenue generation, and foster ...
Police say burning Tesla battery prevented them from saving driver in fatal crash
Officers tried to get into the vehicle to save the driver, but, 'due to the intensity of the flames and heat, they were ...
Union Budget 2025: Will GST overhaul in make EVs more affordable?
Currently, electric vehicles (EVs) benefit from a reduced GST rate of 5 per cent to promote adoption. However, key components such as lithium-ion batteries are taxed at 18%, creating a financial ...