Electric vehicles likely to get cheaper New personal income tax regime announced India’s Finance Minister, Nirmala Sitharaman presented the Union budget 2023-24 with a strong focus on green energy and making electric vehicles affordable to the masses. Interestingly, the government has also increased the income limit from 5 lakh to Rs 7 lakh in the […]
Post budget reaction on Union Budget 2023 by Mr Sameer Gupta, Chairman & MD, Jakson Group and Mr Bikesh Ogra, MD & CEO, Jakson Green – EQ Mag
Mr Sameer Gupta, Chairman & MD, Jakson Group – The nucleus of Budget 2023 is enhancing the quality of life, inclusive growth and sustainability. I am sure this vision will narrate the story of ‘’New India, Progressive India”. The green economy is in the centre, and all aspects of the energy transition and security are […]
Union Budget 2023 Highlights – EQ Mag
Key Announcements Made By FM Nirmala Sitharaman ‘The Union Budget 2023-24 adopts seven priorities that “complement each other and act as the ‘ Saptarishi’ guiding us through the Amrit Kaal”. Green growth is one of the key priorities of the government. While stating the vision and mission for ‘green growth’, the minister said, “Hon’ble Prime […]
Union Budget 2023: What the booming EV industry is demanding – EQ Mag
There’s much more to be done for an industry that has recorded over 200% growth in the last year. Here’s what the EV sector is demanding from the Union Budget 2023 The EV sector is the hot property in the automobile industry and it also has the potential to give the Indian economy a good […]
Union Budget 2023 | Reaction quote from Sumant Sinha, Chairman and CEO, ReNew Power – EQ Mag
“We welcome the budget proposals presented by the Hon’ble Finance Minister. The focus of the budget on expanded support for infrastructure investment, growth of small industry and agriculture sectors, while committing to fiscal consolidation, strikes the right balance. In the context of overall geopolitical and economic outlook, the outlay of Rs. 35,000 crore for energy […]
A View on the Renewable Energy Front (Union Budget 2023) by Mr.Raman Bhatia, MD, Servotech Power Systems Ltd. – EQ Mag
The Budget 2023 has put a reinstated focus on Green Growth. With the FM allocating Rs 35,000 crore towards this sector, prioritising India’s net zero goals and energy transition, this presents players in this space a unique opportunity to make clean energy solutions like solar and EV charging both accessible and affordable for the people, […]
Union Budget 2023: An accelerator for electric vehicles – EQ Mag
A number of beneficial policy changes are anticipated in 2023 as a result of India’s G-20 chairmanship. The presidential theme includes both the broad spirit of Vasudhaiva Kutumbakam and developmental measures centred on a cleaner, greener, and bluer future. India has maintained a favourable stance on sustainable development and the country’s capacity building for the […]