The budget proposes full exemption from basic customs duty to cobalt powder and waste, lithium-ion battery scrap, lead, zinc, ...
Recycling lithium-ion batteries to recover their critical metals has significantly lower environmental impacts than mining ...
Notably, the Basic Customs Duty (BCD) on mobile phones, chargers, and printed circuit board assemblies (PCBAs) has been slashed from 20% to 15%. This will make electronic devices such as mobile phones ...
The 2.5 duty did not promote manufacturing but, in fact, simply resulted in increasing costs. The removal will enable ...
The government fully exempted the basic customs duty on waste of lithium-ion batteries, scrap of cobalt powder, among others, to boost local manufacturing of EV batteries ...
Residents describe experiences of sore throats and other symptoms. The energy storage industry insists that this incident is ...
The budget’s emphasis on critical minerals, renewable energy expansion, domestic manufacturing, and power sector reforms has drawn positive reactions from various sectors.
Union Finance Minister Nirmala Sitharaman announces customs duty rationalization in Budget to boost domestic manufacturing, exports, and trade.
Finance Minister Nirmala Sitharaman on Saturday said that the government will incentivise electricity distribution reforms.
Finance Minister Nirmala Sitharaman presents initiatives to bolster EV and battery manufacturing, including customs duty ...
Finance Minister Nirmala Sitharaman announced a full exemption on basic customs duty on critical minerals used in EV battery manufacturing, which should bring a significant boost to the sector and ...
The initiatives presented in Budget 2025 are anticipated to benefit local manufacturing, leading to increased job ...