Continuing to benefit from recent developments, such as the reduced GST on EVs and chargers as well as road tax considerations which have helped narrow the price gap between EVs and fuel-based vehicles, the industry is batting for reduction in both input and output Goods and Service Tax (GST) for EVs and spare part.
Swapnesh R Maru, Deputy Managing Director – Corporate Planning and Manufacturing, Toyota Kirloskar Motor (TKM) considers a sustained growth path towards manufacturing excel lence to be critical to further enhance the country’s global competitiveness. “The emphasis given to the manufacturing sector through schemes such as PLI and significant focus towards both physical and digital infrastructure along with other measures including efforts to improve the ease of doing business has attracted large inflow of investments. Notably, the automotive sector also saw an upswing,” says Maru.
Santosh Iyer, Managing Director & CEO, MercedesBenz India is also batting for capex on infrastructural projects to continue, aiding the automotive sector. At the same time, Iyer draws attention to the luxury car industry’s significant value contribution to the GDP. “Our wish for a rationalized duty structure and GST stays on priority,” says Iyer.
Denne historien er fra January 28, 2024-utgaven av The Business Guardian.
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Denne historien er fra January 28, 2024-utgaven av The Business Guardian.
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DELHI-NCR ENFORCES GRAP STAGE-3
It is a \"Serious issue\" that is affecting the school-going students as there has been an increase in the cases of cold and cough. - Dr Sahab Ram, Pediatrician
Delhi pollution plea in SC on Monday
The Supreme Court on Thursday agreed to urgently list on November 18, a plea seeking enforcement of measures to check pollution in the national capital after it was told that Delhi should not become the most polluted city in the world.
Online Classes for schools up to class 5: CM Atishi
Due to rising pollution levels, all primary schools in Delhi will be shifting to online classes, until further directions
Defamation suit: Delhi High Court issues summons to users who 'edited' ANI's Wikipedia page
The Delhi High Court in the case Wikimedia Foundation v. ANI & Ors observed and has issued summons to three individuals who allegedly edited the Wikipedia page of news agency Asian News International, ANI.
Calcutta High Court imposes 1,500 limit on attendees at BJP's rally in Howrah, expresses concerns over 'narrow stretch' of road
The Calcutta High Court in the case Arun Uday Paul Chowdhury-Vs-The State of West Bengal & Ors observed and has allowed a rally by the Bharatiya Janata Party in Kolkata's Howrah area, after permission had been refused by the police authorities.
DELHI HIGH COURT REJECTS INDERPAL GABA'S CHALLENGE TO NIA ARREST AND REMAND OVER PROTEST AT INDIAN HIGH COMMISSION IN LONDON
The Delhi High Court in the case Inder Pal Singh Gaba vs. National Investigation Agency observed and has rejected the petition of Inder Pal Singh Gaba, allegedly involved in the protest at the High Commission of India, London, United Kingdom, challenging his arrest by the National Investigation Agency, NIA and seeks for the release of him from custody.
Allocation of cases: Supreme Court notifies new subject-wise roster with effect from November 11
The Supreme Court of India has published a new roster of work, which is effective from November 11, 2024, after Justice Sanjiv Khanna became the Chief Justice of India, CJI.
Supreme Court: Right to shelter a facet of Article 21; state must satisfy why entire property needs to be demolished
The Supreme Court in the case In Re: Directions in the matter of Demolition of Structures and Ors laid down pan-India guidelines through its judgment in the 'bulldozer matter'.
Supreme Court: Compassionate appointment is not a vested right
The Supreme Court in the case Tinku v State of Haryana observed and has held that compassionate appointment is not a vested right which can be granted without any kind of scrutiny or undertaking a process of selection.
K'TAKA TO SET UP SIT TO PROBE COVID SCAM
Dalla is accused of multiple charges including murder, extortion, terror financing, targeted killings, and cross-border smuggling of drugs and weapons.
