China Commits to Sustained Tax Breaks for 90% of New Energy Vehicles
POWER & RENEWABLE ENERGY

China Commits to Sustained Tax Breaks for 90% of New Energy Vehicles

Amidst the global push towards sustainable practices, China reaffirms its commitment to fostering the electric vehicle revolution by maintaining tax breaks for more than 90% of new energy vehicles. This strategic move aligns with China's ambitious environmental goals and propels the country further into the forefront of the green transportation sector. In a recent announcement, Chinese authorities outlined the continuation of tax incentives to promote the adoption of electric and other new energy vehicles. This initiative serves as a crucial driver for the ongoing surge in the electric vehicle market, encouraging manufacturers and consumers alike. The tax breaks cover a significant majority of new energy vehicles, reinforcing the nation's dedication to reducing carbon emissions and promoting cleaner, greener transportation solutions.

Amidst the global push towards sustainable practices, China reaffirms its commitment to fostering the electric vehicle revolution by maintaining tax breaks for more than 90% of new energy vehicles. This strategic move aligns with China's ambitious environmental goals and propels the country further into the forefront of the green transportation sector. In a recent announcement, Chinese authorities outlined the continuation of tax incentives to promote the adoption of electric and other new energy vehicles. This initiative serves as a crucial driver for the ongoing surge in the electric vehicle market, encouraging manufacturers and consumers alike. The tax breaks cover a significant majority of new energy vehicles, reinforcing the nation's dedication to reducing carbon emissions and promoting cleaner, greener transportation solutions.

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3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

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Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

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BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

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