India to slash import tax on solar panels | World Business Watch
Edited By WION Video Desk
Published: May 31, 2023, 06:05 IST | Updated: May 31, 2023, 06:05 IST
In a bid to meet the growing demand for clean energy, India is considering a significant reduction in import taxes on solar panels. The government aims to bridge the gap between local production and rising demand by cutting the import tax from 40% to 20%.
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