Union Budget Reaction 2021 - EV Sector - Motovolt Mobility - GADGET-INNOVATIONS

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Union Budget Reaction 2021 - EV Sector - Motovolt Mobility

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Mr Tushar Choudhary, Founder Director, Motovolt Mobility Pvt Ltd.

Government has proposed to rationalize the inverted GST structure. We await the final print for the EV sector. We welcome the tax holiday extended for start-ups and exemption on capital gains, both for one more year as it would encourage the budding segment.

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