Articles tagged by the tag "Union Budget"
BUDGET 2025 LIVE UPDATES - AUTOCAR PROFESSIONAL

By Autocar Pro News Desk calendar01 Feb 2025

Live updates from Union Finance Minister Nirmala Sitharaman's presentation on Budget 2025-26, with an emphasis on auto...

Budget 2024: It’s status quo for major schemes in auto sector

By Kiran Murali calendar23 Jul 2024

Budget allocations have remained unchanged for major automobile sector schemes such as PLI for automobiles and compone...

Budget 2024: EV players await clarity on FAME, EMPS

By Prerna Lidhoo calendar23 Jul 2024

There is no change in the PLI scheme for Auto and Auto components for FY25.

Budget 2024: Allocation for roads reassures construction equipment makers, but stocks correct

By Shahkar Abidi calendar23 Jul 2024

Union Budget kept the allocation for Ministry of Road Transport and Highways' allocation largely unchanged. However, s...

Some good, some bad news for EVs in Budget 2024

By Amit Vijay M calendar23 Jul 2024

While EV batteries are set to get cheaper due to a reduction in custom duties on key minerals, industry participants w...

From R&D incentives to EV infrastructure: What auto components industry expects from Budget 2024

By Prerna Lidhoo calendar12 Jul 2024

ACMA's recommendations to the government include incentivising capital expenditure, revising depreciation rates on pla...

Tata Motors calls for stronger policy focus on EV charging infra

By Kiran Murali calendar26 Jun 2024

The automaker also believes that government support in the form of tax sops and subsidies on electric vehicles should ...

Budget 2024: Infra development gets boost; CVs, construction equipment industry to benefit

By Shahkar Abidi calendar01 Feb 2024

The development is likely to further impetus the infrastructure development in the country.

Analysts forecast 35 percent growth for MHCVs supported by a 14 percent rise in capital outlay in Budget 2023

By Amit Vijay M calendar06 Feb 2023

The sector’s seasonally adjusted annual rate (SAAR) , which is around 350 thousand, is expected to increase by 45 perc...

Capex on infrastructure increased by 33 percent to Rs 10 lakh crore for FY23-24 in Budget 2023

By Shahkar Abidi calendar01 Feb 2023

An investment of Rs 75,000 crore, including Rs 15,000 crore from private sources is on the cards for select infra proj...