Electric Vehicle Income Tax. Buying an electric vehicle with a vehicle loan can make you eligible for income tax benefits under the 80eeb. You get a deduction of rs.
The ministry of road transport & highways has advised state. An individual taxpayer can claim interest on a loan of an electric vehicle of up to inr 1.5 lacs under section 80eeb.
On Electric Automobiles And Suvs, Maharashtra Offers A Maximum Subsidy Of Rs 2.5 Lakh, While Delhi, Gujarat, Assam, Bihar, And West Bengal Offer Maximum.
The deduction will be allowed for the loan.
The Ministry Of Road Transport &Amp; Highways Has Advised State.
The goods and services tax (gst) on sale of electric vehicles has been reduced from 12% to 5%.
However, Itโs Essential To Note The.
Images References :
Section 80Eeb Deduction In Respect Of Purchase Of Electric Vehicle Income Tax Act 1961 2021&Amp;Quot.
An individual taxpayer can claim interest on a loan of an electric vehicle of up to inr 1.5 lacs under section 80eeb.
The Deduction Will Be Allowed For The Loan.
You get a deduction of rs.
The Goods And Services Tax (Gst) On Sale Of Electric Vehicles Has Been Reduced From 12% To 5%.
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