Sunday, January 28, 2024

Budget 2024 Expectations: Auto companies seek continued push to green mobility, infrastructure development

Budget Expectations: Leading firms in the automobile industry are expecting the upcoming Interim Budget to focus on promoting green mobility and infrastructure development. They are calling for policies that encourage the adoption of electric vehicles and a rationalized duty structure and GST for luxury cars. The industry also hopes for consistent policies and no surprises in the budget. Additionally, there are expectations for continued support for electric vehicles through the FAME scheme and addressing GST anomalies in self-drive cars.

from Auto-Industry-Economic Times https://ift.tt/mEc2ath

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