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Covid-hit Karnataka industry seeks tax waiver, vaccines for all employees

Covid-hit Karnataka industry seeks tax waiver, vaccines for all employees Reeling under the impact of the Covid pandemic s second wave and the extended lockdown, Karnataka industry has sought waiver of taxes and tariffs and vaccines to protect employees from infection, an official statement said on Wednesday. By IANS WHO sends 100 oxygen concentrators to Ladakh amid COVID spike Reeling under the impact of the Covid pandemic s second wave and the extended lockdown, Karnataka industry has sought waiver of taxes and tariffs and vaccines to protect employees from infection, an official statement said on Wednesday. Leaders of Karnataka industry and trade petitioned Chief Secretary P. Ravi Kumar to waive taxes and tariffs to restart their activities after unlocking, as they suffered huge losses due to the extended lockdown, it said.

Karnataka may cut power tariff for industries to make them more competitive

Industrial units, especially those in the exports business, have quite often complained to the government that power outages are delaying their production. They cannot, at the same time, go for captive generation as power costs become steep, driving up their overall production costs.

Covid-hit Karnataka industry seeks tax waiver, vaccines

Select industries to operate in Karnataka during stringent lockdown-like restrictions

All manufacturing units of drugs, pharmaceuticals, medical devices, medical oxygen, their packing material, raw material and intermediates would operate.

Triton Electric in talks with Karnataka govt to set up India plant

Triton Electric in talks with Karnataka govt to set up India plant April 06, 2021 Plans to introduce an N4 sedan Triton Electric, the US-headquartered company that plans to introduce electric cars in India, held an extensive discussion with the Karnataka government on Monday. Led by Himanshu Patel, CEO and Founder of Triton Electric, held a virtual meeting with Chief Minister B S Yediyurappa. The company plans to introduce an N4 sedan in India with a price starting at ₹35 lakh. Recently the company registered the Indian subsidiary by the name of Triton Electric Vehicles India in New Delhi. “Karnataka government is very keen to support entry of new-age firms like Triton Electric Vehicles and all assistance will be provided with complete customised facilitation,” the Chief Minister said. He explained that an EV cluster in Ramanagara is being created over 500 acres which will offer a strong and concentrated EV ecosystem.

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