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Electric cars and electric scooters on display at Happy Cities Summit here are grabbing the eyeballs of scores of visitors.

India plans to exempt electric vehicles from registration fee

Proposed exemption will apply to all categories of electronic vehicles, including scooters, motorbikes, autorickshaws...

20 Jun 2019 10:10 AM IST

The power ministry has categorised charging batteries of electric vehicles as a service, a move which will help such stations operate without licence and encourage the use of e-vehicles.

Business

Auto component industry seeks stable road map for EV transition

Govt should adopt a pragmatic approach to create a stable and long-term road map for a transition to EVs, said industry...

11 Jun 2019 6:37 PM IST

The electric two-wheeler segment has already demonstrated its potential in FY12, when it clocked sales of 90,000 units.

Business

Two-wheeler makers term EV switchover by 2025 as 'impractical'

Comments come in response to some media reports that government was considering a proposal to ban sale of ICE vehicles.

10 Jun 2019 4:46 PM IST

$Effective September 1, motor vehicle owners would be able to buy a standalone annual \own damage\ cover. This will be applicable for cars and two-wheelers, both old and new, insurance regulator IRDAI said.$ Business

Registration of vehicles to pinch

The government on Friday proposed amendments to the motor vehicle norms to allow scrapping of vehicles older than 15...

30 July 2019 1:21 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Business

Boost for electric vehicles, GST cut to 5 from 12 per cent

The GST rate on all EVs has been reduced from 12 per cent to 5 per cent.

28 July 2019 6:29 AM IST

In a move to encourage domestic manufacturing of e-vehicles, the Goods and Services Tax (GST) Council is likely to decide on lowering tax rates for electric vehicles soon.

Business

GST cut on e-vehicles likely

The GST rate for petrol and diesel cars and hybrid vehicles is already at the highest bracket of 28 per cent plus cess.

22 July 2019 7:38 AM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

Business

No plan to completely ban petrol and diesel vehicles: Dharmendra...

NITI Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.

17 July 2019 12:39 PM IST

Opinion

Give more time for switch to electric vehicles

The tax incentive proposals for EVs contained in the Budget were not that substantive as to see customers queue up.

14 July 2019 12:02 AM IST

Hero MotoCorp, the countrys largest two-wheeler manufacturer, on Monday launched two new scooters ,called the Maestro Edge 125 and the Pleasure Plus 110, with starting prices of Rs 58,500 and Rs 47,300, respectively.

Business

Hero MotoCorp revamps leadership team; appoints Vikram Kasbekar as CTO

Kasbekar replaces Markus Braunsperger, who is relocating to Europe after completion of his five-year tenure in the...

9 July 2019 2:37 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.

Business

5 key changes in annual income tax assessment in Budget 2019

Additional income tax deduction of Rs 1.5 lakh on home loans for houses under Rs 45 lakh announced in Budget 2019.

8 July 2019 8:32 PM IST

Business

Budget 2019: Boost for e-mobility; auto industry left high and dry

The FM announced the reduction of GST on electric vehicles from 12% to 5%.

6 July 2019 6:59 AM IST

A reduction in MCLR helps all new borrowers get the benefit of lower interest rates for all kinds of loans. (Representational image)

Business

Additional tax deduction of Rs 1.50 lakh on interest on home loans...

Government will also provide income tax deduction of Rs 1.5 lakh on interest paid on loans for purchase of electric...

5 July 2019 1:38 PM IST