Tax Rebate For Electric Car 2024. Section 80eeb of the income tax act allows buyers of electric vehicles to claim tax savings of up to rs. Several government entities and local utilities offer electric vehicle and solar incentives for customers, often taking the form of a rebate or a tax credit.
Several government entities and local utilities offer electric vehicle and solar incentives for customers, often taking the form of a rebate or a tax credit. Tax credits up to $7,500 are available for eligible new electric vehicles and up to $4,000 for eligible used electric vehicles.
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