India's scrappage policy for automobiles has the potential to reduce pollution and the industry's carbon footprint while creating employment and demand. It's a $6-billion opportunity

The Production Linked Incentive Scheme aims to build an Indian manufacturing base across 13 key sectors. What works. What doesn't

If India's tax- to-GDP ratio of 17.7 per cent has to get anywhere near developed countries' 25-35-36 per cent, those who should pay taxes must be brought under the tax net. But that's easier said than done

Finance Minister Nirmala Sitharaman on Friday said she might take a call closer to the GST Council meeting about proposing to the Council to bring petrol and diesel under the goods and services tax (GST); Mobile firms request govt to build polices to compete with countries; Dual airbags mandatory for new cars from April 1. Watch this and more news on News Blast.Also Read: TVS Motor to provide free COVID-19 jabs to employees, family members

The panel - Department Related Parliamentary Standing Committee on Commerce - wants the rate of GST to be reduced from 28 per cent to 18 per cent for all categories of vehicles and auto components in addition to incentive-based vehicle scrappage scheme

This year's budget was in the midst of the pandemic, but stayed on the path of 'AtmaNirbhar Bharat Abhiyan' that supplements the Make in India vision of the government

Budget 2021: The automobile and automotive component sectors have been braving low demand for the better part of three years due to a host of reasons  -  the absence of consumer confidence due to slowdown blues and liquidity crunch resulting from malaise in the NBFC sector to name a few

If an incentive-based scrappage policy is adopted in the Budget 2021, it shall boost demand for new vehicles while helping the government achieve its targets for reducing carbon emissions

Any hike in taxes on luxury cars will hit demand and prevent recovery from the disruptions witnessed last year, according to senior officials of the companies

How the FM can make it a 'never before' Budget. Top experts weigh in

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report

The suggestion was proposed by Union Minister of Road Transport and Highways Nitin Gadkari in a meeting with the automobile industry, represented by the Society of Indian Automobile Manufacturers (SIAM), earlier this week

This is an economy of contradictions: Micro economy is seeing signs of life while macro economy is in cold storage; stock markets divorced from the shrinking real economy; rural India is doing way better than urban India

The auto major, with around 50 per cent of market share in the domestic passenger vehicle segment, said the government can look at the GST relief if demand tapered off in the future

Unlock 5.0: Cinema halls to reopen from Oct 1 with 50% seating capacityThe fifth phase of the opening up of the economy, that is Unlock 5.0, is set to begin from October 1. Under the 'Unlock 5' guidelines,the central government has permitted opening of cinemas/ theatres/ multiplexes with upto 50 per cent of their seating capacity, for which, SOP will be issued later. Unlock 5 will happen at a time when coronavirus cases have spiralled to more than 62 lakh in the country, and 80,472 people ha...

Finance ministry sources said that the fact these auto companies have made huge payouts in the form of royalty to their parent companies located abroad is evidence enough that they have flourished in the same tax regime

The aggregate advertising and sales promotion spending across all sectors in India during FY20 stood at Rs 39,000 crore, a level similar to FY19, revealed a CARE Ratings analysis of 833 companies across 38 sectors

India Stock Market Highlights Today: Axis Bank, followed by IndusInd Bank, ICICI Bank, L&T, Tata Steel, Sun Pharma and ONGC were among the top gainers on Sensex pack. On the other hand, HCL Tech, Kotak Bank, Asian Paints, Infosys and HDFC Bank were among the laggards

The pandemic is set to push the auto industry back by over a decade. Partial recovery in June and July has raised hopes, but will it sustain?

Unlock 2.0 in India: International flights may resume in JulyWith Unlock 1.0 set to conclude on June 30, the government is expected to announce fresh guidelines for various sectors, including the aviation industry. After starting domestic flights over a month back with some riders, the government may soon approve air travel on selected international routes from July, IndiaToday.In reported. Prominent routes where air travel may be reinstated include Delhi-New York and Mumbai- Ne...