Union Budget 2021-22: There is a buzz in the Electric Vehicle Space

The Union Budget 2021-22 presented by Nirmala Sitharaman may not have given a single sop to the electric vehicle industry but those in this electric vehicle space are upbeat over the indirect measures in the Union B...

Automobile market has not responded till now to FM’s incentives, says SIAM President

The Society of Indian Automobile Manufacturers (SIAM) President Rajan Wadhera has said in a press release that the sales report coming out from various companies for the month of August 2019 has been very dismal wit...

Auto industry hails GST reduction on electric vehicles

Society of Indian Automobile Manufacturers (SIAM) welcomed the government’s decision to reduce the GST rate on electric vehicles from the present 12% to 5%.

GST rate on all electric vehicles reduced from 12% to 5%

The government has announced the reduction of Goods and Services Tax (GST) rate on all electric vehicles from 12% to 5%. The GST rate on charger or charging stations for Electric vehicles is also reduced from 18% to...

Auto industry leaders critical of intermittent regulatory uncertainties

Several auto industry leaders blasted the Indian government for intermittent regulatory uncertainties and urged the government to come out with clear and firm policy guidelines.

E-Vehicles to increase power sector’s viability, says Feedback Consulting

Environmental experts in India have long been debating on the several positives that could emerge as a result of electric vehicles being encouraged on roads vis-a-vis the conventional IC run vehicles. But now for th...

Experts welcome GST rates, but baffled on rates for hybrids, small cars

Beginning with the Society of Indian Automobile Manufacturers (SIAM), several experts and bodies have welcomed the Goods and Services Tax (GST) rates on automobiles in the country. The 14th Goods and Services Tax (G...

Constitution Amendment Bill on GST tabled in Lok Sabha

After the Union Cabinet approved the proposal for introduction of a Bill in the Parliament for amending the Constitution of India to facilitate the introduction of Goods and Services Tax (GST) in the country on Dece...




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