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India trade department backs lower tax on hybrid cars in green push: Sources

India s combined sales and additional taxes on hybrid vehicles sales are as high as 43%, based on the size of the car, compared with the highest rate of 50% imposed on petrol and diesel cars. India taxes electric vehicles (EVs) at just 5%. The move could boost the prospects in India of Japan s Toyota Motor, the world s largest carmaker, which has been lobbying for months for lower taxes for hybrid cars, arguing such vehicles are far less polluting than petrol cars. ....

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India trade department backs lower tax on hybrid cars in green push- sources

India s trade department has backed lowering taxes on hybrid vehicles to help the transition to cleaner energy sources, following demands by Japanese car makers, five government and industry. ....

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BHEL: BHEL making India self-reliant in energy, infra; contributing to defence, space sector: Heavy industries minister

Gurjar also appreciated BHEL s efforts towards green energy with a special mention to the MoUs (memorandum of understanding) signed by the company with Coal India and NLC India for commercial size coal gasification projects. Speaking on the occasion, heavy industries secretary Kamran Rizvi shared that for an organisation to have its own properties, gives confidence and motivation to its employees. ....

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