In her Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced significant reductions in import duties for ...

"To the list of exempted capital goods, I propose to add 35 additional capital goods for EV battery manufacturing, and 28 additional capital goods for mobile phone battery manufacturing. This will ...

The Union Budget 2025 has announced a push for domestic EV battery and component manufacturing. Tap here for more details.

The government has proposed to add 35 capital goods for EV battery manufacturing in order to boost domestic manufacture of lithium-ion batteries for EVs ...

Finance minister Nirmala Sitharaman announced duty exemptions on capital goods used in manufacturing lithium-ion batteries to boost domestic production essential for electric vehicles and mobile ...

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 ...

Finance Minister Nirmala Sitharaman fully exempts Basic Customs Duty (BCD) on essential materials like cobalt, lithium-ion ...

She said, “To the list of exempted capital goods, I propose to add 35 additional capital goods for EV battery manufacturing ...

For the layperson, the highlight of the Union Budget has always remained on what all have become cheaper and which of them ...

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.