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National Incentives FAME or Faster Adoption and Manufacturing of Hybrid and Electric vehicles is currently India s flagship scheme for promoting electric mobility Currently in
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Payoffs of any EV loans accepted between April 1 2019 and March 31 2023 are eligible for tax savings under the section From FY 2020 2021 onwards tax
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Finance Minister Nirmala Sitharaman in the Union Budget 2023 extended tax rebates on EV batteries making EV Affordability in India The electric vehicle market
Updated on 19 Feb 2023 10 35 AM Follow us on The Government of India has introduced a new section in the Income Tax Act the 80EEB which offers EV owners a benefit of up to 1 5 lakh
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