KARNATAKA GOVERNMENT EV TAX
Vietnam plans to extend tax incentives for EVs until 2030
Vietnam plans to extend its special consumption tax cut on electric vehicles until the end of 2030, aiming to significantly boost EV sales and contribute to its net-zero emissions target. This move follows a substantial increase in EV adoption after the initial tax reduction in 2022, with annual sales skyrocketing.
Australia announces $1000 instant tax deduction for millions of taxpayers under proposed law; How it works and what will be the maximum and average savings?
Millions of Australians will soon benefit from a $1,000 instant tax deduction. This new legislation simplifies claiming work-related expenses, eliminating the need for receipts. Introduced by the Anthony Albanese government, the measure aims to ease cost-of-living pressures. Treasurer Jim Chalmers confirmed the tax break will apply from July 1, 2026, impacting the 2026-27 financial year.
Karnataka to convene special cabinet meeting on April 24 to discuss Scheduled Castes internal reservation
Bengaluru's Karnataka government will convene a special cabinet meeting on April 24. The meeting will focus on internal reservation for Scheduled Castes. This discussion is crucial for filling 65,000 vacant government posts. The state aims to expedite recruitment due to growing unrest among unemployed youth.
Karnataka: State policy & planning panel member moots performance driven governance policy
Karnataka is set to embrace a new era of governance. The State Policy and Planning Commission has presented a draft bill for performance-driven governance to Chief Minister Siddaramaiah. This initiative aims to boost service delivery and accountability. Key reforms include performance contracts, an independent authority, and citizen feedback integration.
Not Gurgaon, not Hyderabad, not Pune, CA says one city could rival Bengaluru as the India’s IT hub in future: ‘Rent is 30% cheaper…’
India's tech landscape is shifting as Mangalore, dubbed "Silicon Beach," emerges as a strong challenger to Bengaluru. The coastal city is experiencing rapid IT workforce growth and revenue increases, driven by global companies establishing R&D centers. Affordable office spaces, lower attrition rates, and a growing talent pool further bolster its appeal.
India's EV boom outpaces charging infrastructure, tests network limits
The electric vehicle revolution in India is gaining traction, with an impressive uptick in consumer interest, but there's a catch: charging stations are falling short of demand. With estimates predicting millions of EVs in daily use, the current infra is inadequate to support such growth.
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Prolonged West Asia conflict to impact India's automobile sector, says FADA President
The Federation of Automobile Dealers Associations warns of potential challenges for India's auto sector. A prolonged conflict in West Asia could impact vehicle exports and the supply of crucial commodities like oil and aluminium. While the domestic market shows resilience, industry leaders are closely monitoring global developments.
Singapore emerges as top FDI source in Apr-Dec FY26, high inflows from tax havens
Singapore emerged as the top source of FDI equity inflows into India during April-December FY26, contributing $17.6 billion. The US and Mauritius followed, with significant investments also noted from tax havens like the Cayman Islands and Cyprus. Computer Software & Hardware and the Services Sector were the most attractive investment destinations.
Andhra Government clears Rs 2,500 crore NSPSL cathode plant in Chittoor
Andhra Pradesh is set to boost its electronics and battery sector. The state government has approved a significant Rs 2,550 crore investment by NSPSL Speciality Chemicals. This will establish a cathode material manufacturing facility in Chittoor district. This project is crucial for localizing key battery components. It will support the growth of electric vehicles and consumer electronics.
Ola Electric vs Ather Energy: Which stock looks better after a stellar surge of up to 70% in April?
Ola Electric shares have rebounded sharply, surging 68% in under 10 sessions, while Ather Energy gained 16% over the same period. Despite the recovery, Ola remains down 75% from its Rs 157 peak and nearly 50% below its issue price. In contrast, Ather Energy has surged 172% from its IPO price within a year of listing.
Delhi's EV charging infra registers 'record' expansion; total charging points over 10,000
Delhi’s EV charging network has crossed 10,000 points after record expansion in the past year, with over 3,000 added recently. Power Minister Ashish Sood credited policy clarity and faster rollout. Discoms, including BSES and TPDDL, drove installations as demand surged. EV charging load has risen sharply, with Delhi now leading India in electricity consumption for EV charging, reflecting rapid adoption and growing infrastructure support.
Karnataka unveils India's first quantum ecosystem map
Karnataka became the first state in India to unveil a comprehensive Quantum Ecosystem Map. The Science & Technology minister N S Boseraju said the initiative formally marks the launch of Phase-I of the State's Quantum Roadmap.
New EV policy crafted with 'citizen-first' approach: Delhi transport minister
Delhi's draft Electric Vehicle Policy 2.0, designed with a "citizen-first approach," offers purchase and scrapping incentives for EVs, aiming for a seamless transition to electric mobility. The policy includes 100% road tax and registration fee exemptions for EVs under Rs 30 lakh, prioritizing benefits for middle and lower-income groups without financial strain.
EV policy: Petrol two-wheelers to be barred from registration in Delhi from 2028
Delhi is set to ban new petrol two-wheeler registrations from April 2028. Electric models will be mandatory for new two-wheeler registrations from FY29. Three-wheelers will also transition to electric-only from January 2027. School buses and commercial fleets face phased electrification targets. These measures aim to boost clean mobility and reduce pollution in the capital.
No addition of petrol, diesel vehicles to delivery, ride aggregator fleets in Delhi: Draft EV policy
Delhi EV polocy: The nationak capital is set to electrify its transport sector. New petrol and diesel vehicles will not join delivery and ride aggregator fleets starting this year. From 2027, only electric auto-rickshaws will be registered. Incentives are offered for electric three-wheelers to encourage adoption. This policy targets high-usage vehicles to reduce pollution.
Delhi draft EV Policy 2026 proposes subsidy up to Rs 30,000 for e-two-wheelers; no road tax or registration fee for most EVs
Delhi's new EV Policy 2026 offers significant subsidies for electric vehicles. Buyers of electric two-wheelers could receive up to Rs 30,000. Electric auto-rickshaws may get Rs 50,000. Electric four-wheel goods vehicles can receive up to Rs 1 lakh. These incentives aim to boost electric vehicle adoption in the capital.
Karnataka clears Rs 18,430 crore investment proposals; 15,000 jobs expected
Karnataka Chief Minister Siddaramaiah has approved investment proposals totaling Rs 18,430.44 crore. These approvals, granted at the State High-Level Clearance Committee meeting, are expected to create over 15,000 jobs. Seventeen project proposals, including new ventures and expansions, received the green light. Major investments are planned in the EV, automobile, solar, and aerospace manufacturing sectors across various districts of the state.
Jeff Bezos-backed EV firm Slate Auto raises $650 million
Electric vehicle maker Slate Auto has secured $650 million in funding. The company plans to deliver its first pickup trucks later this year. These trucks are designed to be affordable, aiming to attract customers facing high living costs. Slate Auto expects to invest significantly in its Indiana factory. The funding round was led by TWG Global.
Ather Energy shares rally 8% while Eicher Motors, Hero MotoCorp shares drop up to 4%. Here's why
Delhi's draft EV Policy 2026-2030 aims to boost electric two-wheeler registrations from FY29, offering significant subsidies and tax exemptions. This move is expected to accelerate EV adoption and curb pollution. The policy's incentives are already impacting stock markets, with EV manufacturers seeing gains while traditional bike-makers face declines.
Karnataka CM Siddaramaiah defends governance, hints at cabinet reshuffle delay
Karnataka Chief Minister Siddaramaiah on Sunday responded to political and administrative questions, asserting that no progress was made on a key bridge project during the Bharatiya Janata Party (BJP) tenure, while also indicating that a cabinet reshuffle may be delayed due to upcoming elections and the budget session.
Delhi promoting EVs, Karnataka taxing them, says BJP leader Bharath Bommai
Bharath Bommai criticizes Karnataka's new road tax on electric vehicles. He states this policy contrasts with Delhi's efforts to promote EVs. Bommai argues Karnataka's decision hinders clean mobility and the middle class. He contrasts this with Delhi's actions to clear EV subsidies and build charging infrastructure. Bommai believes Karnataka is moving backward while Delhi is advancing EV adoption.
Delhi EV policy 2026: From subsidies and scrapping incentives to tax exemptions, all you need to know
Delhi is accelerating its electric vehicle adoption with new incentives, including purchase subsidies and scrapping benefits for two-wheelers, three-wheelers, and cars. The city is also implementing road tax exemptions and mandates for electrification, aiming for a cleaner transport future.
Delhi to ban new petrol two-wheelers from 2028: Govt proposes 100% tax relief for EVs up to ₹30L; Check major benefits for citizens switching to EVs
The Delhi government has released the draft Electric Vehicle Policy 2026-2030 for public feedback. Key proposals include banning new petrol two-wheeler registrations from 2028 and three-wheelers from 2027, along with 100% road tax and registration fee exemption for electric cars priced up to ₹30 lakh. The policy aims to reduce air pollution and accelerate clean mobility.
100% road tax waiver for electric cars priced up to Rs 30 lakh till Mar 2030: Delhi's draft EV policy
Delhi's new electric vehicle policy offers significant benefits. Electric cars priced at Rs 30 lakh or less will receive full road tax and registration fee exemptions until March 2030. Strong hybrid EVs get a 50 percent exemption. From 2027, only electric three-wheelers will be registered. This policy aims to boost EV adoption and improve air quality.
Karnataka government ignores protests, notifies lifetime tax on EVs, spares two-wheelers
Karnataka has introduced a new lifetime road tax for electric cars, jeeps, and buses, excluding two-wheelers. This move aims to generate an additional Rs 250 crore for the state government. The decision has drawn criticism from Union Minister Pralhad Joshi and the EV industry, who fear it could increase crude oil imports and hinder climate goals.
Delhi EV registrations rise 29%, petrol vehicles retain dominance
Delhi's electric vehicle registrations surged by 29 percent in 2025-26. Petrol vehicle registrations also increased, showing a mixed market. Experts anticipate further EV growth due to new policies and incentives. The government is promoting electric mobility with scrappage benefits and tax exemptions. Overall vehicle demand in Delhi saw robust growth.
Tata Motors starts delivery of e-truck Prima E.55S to BillionE Mobility
Tata Motors has begun delivering its heavy-duty electric trucks, the Prima E.55S, to BillionE Mobility. The company also secured an order for 250 more electric prime movers. These trucks will support long-haul freight movement across several Indian states. This partnership aims to accelerate the adoption of electric logistics solutions for inter-city routes.
Karnataka: Pralhad Joshi fears taxes on EVs will derail India’s emission targets
Union Minister Pralhad Joshi criticized Karnataka's decision to withdraw road tax exemptions for electric vehicles, warning it could increase India's crude import bill and hinder climate goals. He argued the move, aimed at raising Rs 250 crore, is fiscally shortsighted and contradicts global clean mobility incentives.
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