Cars News: Indonesia has introduced fresh tax incentives to boost the sales of electric vehicles (EVs). The incentives include the elimination of luxury tax on EVs, waiver of import taxes, and a reduction in the value-added tax rate for EV buyers. The government aims to stimulate local demand for EVs and attract investments from automakers.
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Former Chief Economic Advisor and BJP MLA Ashok Lahiri criticized the West Bengal budget, labeling it as vote-oriented and more focused on the upcoming Lok Sabha elections than on the state s economy. Lahiri described the budget as resembling a fairy tale, questioning the feasibility of welfare schemes given the financial crisis faced by the Trinamool Congress government. He raised concerns about revenue generation and the impact of luxury tax discounts o