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80eeb -Deduction In Respect Of Purchase Of Electric Vehicle
80eeb -Deduction In Respect Of Purchase Of Electric Vehicle. The central government recently reduced the gst on electric vehicles from 12% to 5%. Under section 80eeb, persons opting to buy an ev on loan will be eligible for tax deductions upto rs 1.5 lakh on interest paid on the loan amount.
Buying an electric vehicle with a vehicle loan can make you eligible for income tax benefits under the 80eeb. Tax exemption on electric car and bike loans:
Tax On Electric Vehicles Is Lower Than On Conventional Cars.
Looking to promote the use of electric vehicles in india, the government came up with the new section to give tax relieve to ev buyers.
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Read articles about section 80eeb:
Tax Laws &Amp; Rules ≫ Acts ≫ Indian Fatal Accidents Act, 1855.
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Read Articles About Section 80Eeb:
Under the section 80eeb, persons opting.
Looking To Promote The Use Of Electric Vehicles In India, The Government Came Up With The New Section To Give Tax Relieve To Ev Buyers.
Tax on electric vehicles is lower than on conventional cars.
Buying An Electric Vehicle With A Vehicle Loan Can Make You Eligible For Income Tax Benefits Under The 80Eeb.
