The 2019 Budget showed us that the government is all fired up about transforming India into a global EV manufacturing centre. Who could have imagined Finance Minister Nirmala Sitharaman announcing an additional tax benefit of Rs 1.5 lakh on the interest paid on loans taken for the purchase of electric vehicles (EVs)? But yes, this has happened. Besides, the government is also ... Read More »
Tag Archives: Govt
Used car imports jolted as govt revives restrictions
KARACHI: The Ministry of Commerce (MoC) has revived a condition for used car imports that proved controversial last time it was introduced. The condition is that payment of duties and taxes for all car imports be made in foreign exchange to be directly remitted from abroad by the person importing the vehicle. Most used cars are imported in Pakistan under ... Read More »
No cars, ACs for Uttarakhand govt till schools get chairs
HIGHLIGHTS “Don’t all officers sit on cushioned chairs? So why not students?”, the Uttarakhand HC asked. The court had directed the hill state’s government in November 2016 to provide “at least bare minimum infrastructure”. File photo used for representation. NAINITAL: Riled over non-implementation of its order to provide basic facilities in government schools of Uttarakhand, the high court on Thursday ... Read More »
Country’s Future Dark Under Modi Govt, Says Kamal Nath
Congress leader Kamal Nath, a Lok Sabha MP from Madhya Pradesh. (File Photo) New Delhi: The Congress on Friday predicted a dark future for the country on the economic and social side and alleged that it was on the verge of seeing strife under the BJP-led NDA government. The Congress also demanded a White Paper on the government’s employment strategy. ... Read More »