Electric Vehicle Tax Benefit 2024

You get a deduction of rs. In a bid to promote the adoption of electric vehicles (evs) and combat climate change, the indian government introduced section 80eeb in the 2019 budget.

Under section 80eeb, electric vehicle buyers are. On january 1, 2023, the inflation reduction act of 2022 qualified certain electric vehicles (evs) for a tax credit of up to $7,500 for eligible buyers.