Electric Suv 2024 Tax Rebate Qualified In India. 5,000 per kwh will be provided for fy 24. Payoffs of any ev loans accepted between april 1, 2019, and march 31, 2023, are eligible for tax savings under the section.
Beginning january 1, 2023, if you buy a qualified previously owned electric vehicle (ev) or fuel cell vehicle (fcv) from a licensed dealer for $25,000 or less, you may be eligible. The first 6,000 electric cars or total electric cars in 5 years, whichever is less, will be charged 1% (one percent) motor vehicle tax.