UYA retweetledi

Big Shift in the Auto Sector!
The Govt has finalized the 2026-30 Auto Policy. The goal? Less petrol, more electric, and serious local manufacturing.
Key Highlights:
▪️ NEV Revolution: Duties on EV-specific parts slashed to just 1%.
▪️Hybrid Perks: Sales tax on Hybrids cut to 9% (half the standard rate).
▪️ Local First: Incentives to move away from imported petrol engines by 2030.
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