India’s Union Budget ‘should include tax breaks for energy storage’

India’s upcoming Union Budget should include tax-based incentives for energy storage, the India Energy Storage Alliance (IESA) has said. Finance Minister Nirmala Sitharaman will present the Union Budget 2023-2024 this week, on 1 February 2023. IESA said that earlier this month, it made a “detailed representation” to the minister, asking for key recommendations on various aspects of the fiscal budget relating to the industry to be considered.

India’s Union Budget ‘should include tax breaks for energy storage’

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