Section 80EEB Deduction: Tax Benefit of Buying an Electric Vehicle

Aryanshah23 Feb, 2023Finance

The Government of India wants to promote the use of electric vehicles in India and to do so, they have added a new section for Income Tax Deduction, 80EEB.The 2019 budget attempted to give some relief to taxpayers by bringing Section 80EEB on the interest of loan amount on the purchase of EVs Click to learn more