To promote development of domestic MROs for aircraft and ships, the July 2024 Budget extended the time limit for export of foreign origin goods that were imported for repairs, from 6 months to one ...

The minister also proposed to add 35 additional capital goods for EV battery manufacturing and 28 additional capital goods ...

India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to ...

In a significant boost for India’s electric vehicle (EV) ecosystem, the automotive industry has warmly welcomed the ...

India's Finance Minister Nirmala Sitharaman announced the removal of import duties on 25 critical minerals, lithium-ion ...

the scrap of litium-ion battery, lead, zinc and 12 more critical minerals. This will help secure availability for manufacturing in India and promote more jobs our youth." Considering ship building has ...

The minister also proposed to add 35 additional capital goods for EV battery manufacturing and 28 ... Considering ship building has a long gestation period, she proposed to continue exemption ...

News: Ahead of Union Budget 2025, industry leaders outline key reforms in taxation, agriculture, infrastructure, and digital ...