government incentives News

Revolution on the Road: Government Plans Electric Truck Incentives to Transform Priority Highways

The Indian government is considering incentives like lower interest rates and toll waivers to promote electric trucks on priority highways, as part of the PM e-Drive initiative. Th...

Government Clarifies: No GST on UPI Transactions Above Rs 2000, Dismisses Rumors as Baseless

The government has denied rumors of imposing GST on UPI transactions over Rs 2000, stating no such proposal exists. UPI's growth is supported by government incentives, with transac...

India's Smartphone Exports Soar Beyond Rs 2 Lakh Crore in FY25, Led by Apple's iPhone

India's mobile phone exports, led by Apple's iPhone, exceeded Rs 2 lakh crore in FY25, growing by 54%. The government plans to double electronics exports in five years, introducing...

India's Mobile Exports Soar Beyond Rs 2 Lakh Crore, Fueled by Apple's iPhone Dominance

India's mobile phone exports, led by Apple's iPhone, have exceeded Rs 2 lakh crore in fiscal 2024-25, growing by 54%. The government plans to double electronics exports in five yea...

India's Government Unveils Comprehensive 360-Degree Incentives to Boost Key Sectors

The Indian government is enhancing its Production-Linked Incentive (PLI) scheme with a 360-degree approach to support key sectors like footwear, textiles, and specialty chemicals, ...