FM proposes exempting duty on capital goods used in lithium-ion battery production
Saturday, 1 February 2025 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 phones. The move aims to reduce costs, accelerate India's EV transition, enhance manufacturing capacities, and create high-value jobs in the sector.
Levi's and Wrangler jeans are pure Americana, but millions of pairs of the fashion staple are shipped from a factory in the Kenyan capital, Nairobi. But the site risks closure, with the US law that..
Finance Minister Nirmala Sitharaman on Saturday proposed to extend duty exemptions on capital goods used in the production of lithium-ion batteries. Zee News
Saturday, 1 February 2025
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