The central government has refused to impose Goods and Services Tax (GST) on transactions worth more than Rs 2,000 through Unified Payments Interface (UPI). Recently some media reports stated that GST may be imposed on transactions of more than Rs 2,000 from UPI. The government has described such reports as completely wrong and misleading. It…
Payments from mobile have increased rapidly in the last few years in the country. In the second half of the previous year, the value of transactions was increased to Rs 198 lakh crore with the use of mobile phones. This is an increase of about 30 percent on a year-on-year basis. It has an increased…
Sales of Electric Vehicles (EV) have increased rapidly in the last few years. To meet the demand for public charging for EVs in the country, a capital expenditure of about Rs 16,000 crore is required by 2030. Measures have also been taken by the Central Government to promote EV. This information has been given in…
The number of Electric Vehicles (EV) is increasing rapidly in the country. The capital Delhi has the leading position in this segment. About 11.5 percent of the total vehicle registrations in Delhi are EVs. Charging infrastructure for electric vehicles is also being expanded rapidly in the capital. According to a report by Yes Bank and…
Prime Minister Narendra Modi has praised the growth of the country’s automobile industry. He said that the contribution of mobility sector will be important to achieve the goal of ‘Developed India’. Modi said, “About 12 crore vehicles were sold in the country till 10 years ago. In the subsequent period, more than 21 crore vehicles…
