Mint Money highlights dining apps and credit cards to help save when eating out. BSE Sensex at all-time high, but investors should be wary of corporate borrowing. Also, a hiring scandal at Tata Consultancy Services, luxury real estate hits boom time and IndiGo s record order of 500 jets from Airbus.
Solar Tariff to rise as custom duty on gear to kick in
SECTIONS
Share
Synopsis
The announcement to impose the duty on solar cells and modules does not have any grandfathering provision, which would have allowed projects already auctioned to import equipment under existing rules without paying the customs duty.
ANI
India will levy customs duty of 40% on solar modules and 25% on solar cells beginning April 2022.
Mumbai: The days of solar tariff bids at Rs 2 a unit may be over, as project cost is set to rise after the government announced the much-awaited customs duty on key equipment, aimed at boosting local manufacturing.