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How the 1 Percent TDS Provision Will Affect the Growth of the Crypto Industry
The recently introduced 1 percent TDS on virtual digital asset (VDA) transactions, as part of the Finance Bill 2022, has been described as highly detrimental to the industry. The tax provision is expected to discourage entrepreneurs and investors from developing the burgeoning industry while the government could lose out on an opportunity to earn t...
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Thailand Approves Tax Breaks For EVs, 'High Potential' Foreigners
Thailand's cabinet on Tuesday approved tax incentives to promote a shift to electric vehicles (EVs), and to attract "high potential" foreigners to help boost the economy, the finance minister said.
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Animation Task Force Will Help Establish Progressive Policies in India: Industry Experts
Setting up a task force for the animation, visual effects, gaming, and comic (AVGC) sector with participation from the industry will help establish uniform, progressive policies that will promote growth and investments in the sector, according to industry experts.
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Goa Government Launches Electric Mobility Promotion Policy 2021 To Promote EVs
The primary objective of the Goa Electric Mobility Promotion Policy 2021 is to promote the usage of electric vehicles (EVs) and job employment in the state of Goa, said Goa CM Pramod Sawant.
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Goa Government Approves Electric Mobility Policy; Aims For 30% Electrification By 2025
The Goa Electric Mobility Promotion Policy 2021 will promote conversion of Internal Combustion Engine (ICE) vehicles to EVs and eyes 50 per cent electrification of ferries by 2025.
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US President Joe Biden Promotes Electric Vehicles With Tyre-Screeching Test Drive Of Hummer EV
U.S. President Joe Biden climbed behind the wheel of an electric Hummer SUV on Wednesday and sped off with a screeching of tires, in a test drive to tout billions of dollars in electric vehicle investment.
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More Than 22,000 Compliances Reduced: Commerce Minister Piyush Goyal
Government has managed to reduce more than 22,000 compliances till date, to improve ease of doing business sentiment and give relief to people.
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Jharkhand Got Rs 10,000 Crore Investment Commitments, Says Chief Minister
Jharkhand got a commitment of nearly Rs 10,000 crore investments during a two-day event attended by Chief Minister Hemant Soren, the state government said in a statement today.
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Maharashtra Drafts New EV Policy; Aims For 10 Per Cent Electrification By 2025
The penetration of battery electric vehicles (BEVs) in Maharashtra has remained low and so now the state has revised its EV policy again, providing greater incentives to BEVs and develop a robust infrastructure to promote their sales in the state.
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Delhi Government Launches 'Switch Delhi' Campaign To Promote Electric Vehicles
Delhi Chief Minister Arvind Kejriwal has announced waiving of road tax and registration charges, along with other subsidies for adopting electric vehicles.
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Uttar Pradesh An ''Achiever State'', Says Centre's Report On Business Reforms
Uttar Pradesh has become an ''achiever state'', Department of Industrial Policy and Promotion has said in its Business Reform Action Plan report for the year 2017-18.
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New Industrial Policy To Be Announced Soon: President Ram Nath Kovind
The government will soon announce a new industrial policy aimed at promoting growth of industries and creation of jobs, President Ram Nath Kovind said Thursday.
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E-Commerce FDI Policy Bars Foreign Investment in Multi-Brand Retail: Government
The Department of Industrial Policy and Promotion (DIPP), in a statement assured that FDI in allowed only in the business-to-business (B2B) e-commerce segment
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Madhya Pradesh Chief Minister Kamal Nath Allots Portfolios To His Cabinet
Madhya Pradesh Chief Minister Kamal Nath distributed portfolios to his cabinet Friday evening, keeping Public Relations, Industrial Policy and Investment Promotion Department and Employment Department among others with himself, an official said.
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Big New Move From PM Modi Soon For Industry Ahead Of 2019 Election
Under the new plan, a company need not purchase land or equipment but could lease them on long-contract basis helping lower costs and cut down time on setting up operations, secretary to the Department of Industrial Policy and Promotion Ramesh Abhishek said in an interview.
-
How the 1 Percent TDS Provision Will Affect the Growth of the Crypto Industry
The recently introduced 1 percent TDS on virtual digital asset (VDA) transactions, as part of the Finance Bill 2022, has been described as highly detrimental to the industry. The tax provision is expected to discourage entrepreneurs and investors from developing the burgeoning industry while the government could lose out on an opportunity to earn t...
-
Thailand Approves Tax Breaks For EVs, 'High Potential' Foreigners
Thailand's cabinet on Tuesday approved tax incentives to promote a shift to electric vehicles (EVs), and to attract "high potential" foreigners to help boost the economy, the finance minister said.
-
Animation Task Force Will Help Establish Progressive Policies in India: Industry Experts
Setting up a task force for the animation, visual effects, gaming, and comic (AVGC) sector with participation from the industry will help establish uniform, progressive policies that will promote growth and investments in the sector, according to industry experts.
-
Goa Government Launches Electric Mobility Promotion Policy 2021 To Promote EVs
The primary objective of the Goa Electric Mobility Promotion Policy 2021 is to promote the usage of electric vehicles (EVs) and job employment in the state of Goa, said Goa CM Pramod Sawant.
-
Goa Government Approves Electric Mobility Policy; Aims For 30% Electrification By 2025
The Goa Electric Mobility Promotion Policy 2021 will promote conversion of Internal Combustion Engine (ICE) vehicles to EVs and eyes 50 per cent electrification of ferries by 2025.
-
US President Joe Biden Promotes Electric Vehicles With Tyre-Screeching Test Drive Of Hummer EV
U.S. President Joe Biden climbed behind the wheel of an electric Hummer SUV on Wednesday and sped off with a screeching of tires, in a test drive to tout billions of dollars in electric vehicle investment.
-
More Than 22,000 Compliances Reduced: Commerce Minister Piyush Goyal
Government has managed to reduce more than 22,000 compliances till date, to improve ease of doing business sentiment and give relief to people.
-
Jharkhand Got Rs 10,000 Crore Investment Commitments, Says Chief Minister
Jharkhand got a commitment of nearly Rs 10,000 crore investments during a two-day event attended by Chief Minister Hemant Soren, the state government said in a statement today.
-
Maharashtra Drafts New EV Policy; Aims For 10 Per Cent Electrification By 2025
The penetration of battery electric vehicles (BEVs) in Maharashtra has remained low and so now the state has revised its EV policy again, providing greater incentives to BEVs and develop a robust infrastructure to promote their sales in the state.
-
Delhi Government Launches 'Switch Delhi' Campaign To Promote Electric Vehicles
Delhi Chief Minister Arvind Kejriwal has announced waiving of road tax and registration charges, along with other subsidies for adopting electric vehicles.
-
Uttar Pradesh An ''Achiever State'', Says Centre's Report On Business Reforms
Uttar Pradesh has become an ''achiever state'', Department of Industrial Policy and Promotion has said in its Business Reform Action Plan report for the year 2017-18.
-
New Industrial Policy To Be Announced Soon: President Ram Nath Kovind
The government will soon announce a new industrial policy aimed at promoting growth of industries and creation of jobs, President Ram Nath Kovind said Thursday.
-
E-Commerce FDI Policy Bars Foreign Investment in Multi-Brand Retail: Government
The Department of Industrial Policy and Promotion (DIPP), in a statement assured that FDI in allowed only in the business-to-business (B2B) e-commerce segment
-
Madhya Pradesh Chief Minister Kamal Nath Allots Portfolios To His Cabinet
Madhya Pradesh Chief Minister Kamal Nath distributed portfolios to his cabinet Friday evening, keeping Public Relations, Industrial Policy and Investment Promotion Department and Employment Department among others with himself, an official said.
-
Big New Move From PM Modi Soon For Industry Ahead Of 2019 Election
Under the new plan, a company need not purchase land or equipment but could lease them on long-contract basis helping lower costs and cut down time on setting up operations, secretary to the Department of Industrial Policy and Promotion Ramesh Abhishek said in an interview.
