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Electric Vehicles - The most advanced technology of the 21st century has picked its speed and it is expected to grow to a greater level in the upcoming years. With higher performance and greater efficiency, the electric vehicles have pushed the sales number to higher levels than that of normal vehicles.
The whole world is busy in making a shift towards the most efficient and pollution free means of driving. This trend is no different in India. The Electric Vehicles Company India have geared up in providing the best ever solution to their customers.
NEW DELHI: India may cut the goods and services tax (GST) on electric vehicles to 5% from 12% to provide a stimulus to the sector that’s a high priority for the Narendra Modi government. The GST Council is set to take up the proposal at its June 20 meeting, said a senior government official aware of the development. “There is a proposal to cut tax rates on EVs among other issues,” the official told ET.
NITI Aayog has proposed that only electric vehicles should be sold after 2030, expanding the scope of the clean fuel technology beyond two- and three-wheelers. Transport minister Nitin Gadkari - who had once threatened to mandate EVs from 2030 - said that the roadmap will be decided after consulting the auto industry.