In her Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced significant reductions in import duties for essential mobile phone components and critical materials like lithium-ion ...

3.EV, phone batteries: 35 new goods for electronic vehicle (EV) battery production and 28 new goods for mobile phone battery production will be included in the list of exempted capital goods. 4.Frozen ...

In a relief to the middle class, Finance Minister Nirmala Sitharaman on Saturday exempted annual income of up to Rs 12 lakh from income tax and rejigged tax slabs as part of her reformist Budget.

Furthering efforts to boost the electronics sector, Sitharaman declared a complete exemption of BCD on parts for Open Cells used in LCD and LED TV manufacturing.

Finance Minister Nirmala Sitharaman on Saturday proposed to extend duty exemptions on capital goods used in the production of lithium-ion batteries.