https://www.livemint.com/budget/news/tax-on-fossil-fuels-evs-meant-to-bring-about-a-behavioural-shift-sitharaman-1562414378821.html
Tax on fossil fuels, EVs meant to bring about a behavioural shift:
Sitharaman
06 Jul 2019 Gireesh Chandra Prasad
[image] Finance minister Nirmala Sitharaman and CEA Krishnamurthy
Subramanian before the presentation of the Union Budget in Parliament, in
New Delhi on Friday (Reuters)
'The increase in the duty on petrol and diesel announced in the budget
meant to address environmental concerns'
'Budget had several announcements for the benefit of the common man'
New Delhi: Finance minister Nirmala Sitharaman on Saturday said the tax
proposals in the Union Budget for FY20 on fossil fuels and electric cars
were meant to nudge people to shun polluting fuels and adopt either electric
vehicles or public transport.
In an interaction with reporters, Sitharaman said the increase in the duty
on petrol and diesel announced in the budget was not meant to hurt the
middle class, but address environmental concerns.
"If I am investing in better metro connectivity, public transport and better
future transport, I would expect a behavioural shift towards using public
transport rather than using one's own car with a single passenger," the
minister said.
In her budget speech, Sitharaman had announced that the softening of crude
oil prices had given her enough room to increase the special additional
excise duty and road and infrastructure cess by Re 1 a litre each on petrol
and diesel ...
Sitharaman told reporters that one has to remember the commitments to
protect the environment. "I am helping the middle class shift from a fossil
fuel-run vehicle to one that runs on electricity," the minister said.
Rate reductions on Goods and Services Tax (GST) resulted in a benefit of
₹94,000 crore a year for consumers, which largely benefited the middle
class. In the Union Budget, Sitharaman had proposed an additional income tax
deduction of ₹1.5 lakh on the interest paid on loans taken to purchase
electric vehicles. The central government had also proposed to the GST
Council to reduce the tax rate on electric vehicles from 12% to 5%. A panel
of officials is looking into the proposals.
[© livemint.com]
+
https://www.wired.com/story/norway-electric-vehicles-tourism/
Norway Invites You to Explore Its Electric Vehicle Paradise
07.06.19 They're strange because Norway has the world's highest purchase
rates of electric vehicles. In the land of the Norwegians, battery-powered
rides are so ubiquitous, it is as if you’ve traveled 10 or 20 years into our
transportation future. Jaguar I-Paces, Audi E-tron SUVs, VW E-Golfs, Hyundai
Konas, and other vehicles rarely spotted in the States stream down highways
and side streets en masse ...
https://media.wired.com/photos/5d1d315e07da7a000a7da6a7/master/w_582,c_limit/Transpo-norwayEV-625041330.jpg
For EVLN EV-newswire posts use:
http://evdl.org/archive/
{brucedp.neocities.org}
--
Sent from: http://electric-vehicle-discussion-list.413529.n4.nabble.com/
_______________________________________________
UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub
http://lists.evdl.org/listinfo.cgi/ev-evdl.org
Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
