Union Budget on EV
Finance Minister Nirmala Sitharaman has announced continued exemptions on the basic Customs Duty exemption given to Capital goods used to produce lithium-ion cells for battery energy storage systems. The union budget 2026 has continued tariff exemptions on Lithium-ion to boost EV industry.
The FM Nirmala Sitharaman has also proposed to provide basic custom Duty exemption to the import of capital goods required for the processing of critical minerals in India, particularly on Biogas Blended CNG.
While presenting the budget speech in Parliament, FM Nirmala Sitharaman announced the exclusion of the entire value of biogas while calculating the central excise duty payable on biogas-blended CNG.
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Syed Ziyauddin is a media and international relations enthusiast with a strong academic and professional foundation. He holds a Bachelor’s degree in Mass Media from Jamia Millia Islamia and a Master’s in International Relations (West Asia) from the same institution.
He has work with organizations like ANN Media, TV9 Bharatvarsh, NDTV and Centre for Discourse, Fusion, and Analysis (CDFA) his core interest includes Tech, Auto and global affairs.
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