Budget 2025 expectations: EV industry seeks 5% uniform GST, incentives for domestic battery manufacturing
Budget 2025 Expectations: Ahead of the Union Budget 2025, scheduled to be presented by Finance Minister Nirmala Sitharaman on February 1, the electric vehicle (EV) industry expects the simplification of Goods and Services Tax (GST) and an inverted GST structure on raw materials. The last budget presented in July 2024 did not make any specific…