Charging stations Current Affairs, GK & News
The State Government of Tamil Nadu recently notified that it will grant 100% motor vehicle tax exemption for Electric Vehicles. Earlier, the State Government had issued orders for 50% concessional rate to EV taxes. It has now been made to 100%. Key Highlights The State Government has exempted taxes to both transport and non-transport vehicles. ..
On June 26, 2020, the Indian Oil Corporation (IOC) launched battery swapping facility for Electric Vehicles at its petrol pumps. The facility will replace discharged batteries with charged batteries in 2 minutes. Highlights The IOC is to begin its battery swapping facility in one of its outlets in Chandigarh. The company is to gradually scale ..
Month: Current Affairs - June, 2020
Category: Economy & Banking Current Affairs
In a bid to promote electric mobility, the GST Council has decided to reduce GST Rate on Electrical Vehicles from 12% to 5% and on charger or charging stations for Electric vehicles from 18% to 5%. The new rates will come into effect from the 1st of August 2019. The Council also approved an exemption ..
Topics: Charging stations • Electric bus • Electric vehicle • Electric vehicles • Goods and services tax • Government of India • Ministries • Modi administration • Nirmala Sitharaman • Taxation in India
The Karnataka government has recently received the approval for purchase of electric vehicles from the Department of Heavy Industries of the Union Government under FAME India subsidised scheme. The state will purchase 40 electric buses, 100 four wheelers and 500 three wheelers at maximum of 60% subsidy under the scheme. The subsidy support is also ..
Category: Government Schemes Current Affairs
Topics: Charging stations • Electric bus • Electric vehicle • Electric vehicle conversion • Electric vehicle industry in India • Electric vehicles • Energy • Government incentives for plug-in electric vehicles • Public transport • Sustainable transport • Transport • Vehicles