Tata Motors

Government likely to release guidelines on new EV policy in next 3-4 weeks

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The government is likely to come out with guidelines on the new electric vehicle (EV) policy in the coming days after which it can become fully functional in the next few months. Sources in the know have told businessline that some of the manufacturers have requested the government to include brownfields also in the definition … Read more

Finmin sets timeline to scrap vehicles under new guidelines; to benefit auto cos like Maruti Suzuki, Tata Motors

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The Finance Ministry has fixed a timeline for scrapping various types of vehicles and placing fresh orders. This is a part of new guidelines to write off losses under revised Delegation of Financial Power Rules (DOFR). These rules have set the threshold for writing off losses in case of theft, fraud, etc. Also read: PV … Read more