Tesla May Get Big Gift Before Starting Business in India, Government Planning to Reduce Import duty on EVS

February 23, 2025 by updatee.in

Tesla, one of the large electric vehicle (EV) companies, is preparing to start business in India. The central government is working on a new policy to promote the manufacturing of EV in the country. In March last year, the government reduced custom duty to 15 percent on imports of EV with special conditions. A media … Read more

Why did the government change the capital gains tax? Income Tax Department gave this answer

July 25, 2024July 25, 2024 by updatee.in

Change in Capital Gains Tax: Income tax department Giving details of ‘Frequently Asked Questions’ (FAQs) on the changes made in the capital gains tax on Wednesday, the Income Tax Department said that the idea behind this is to simplify the structure and make compliance easier. The Income Tax Department said in the FAQ that the … Read more