By Abhishek Gautam
June 23, 2023
The Section 80EEB offers a deduction of Rs 1.5 lakhs for interest paid on load for buying electric vehicles in India.
Electric vehicles are levied off parking fees and toll tax on certain states. It saves additional thousands, spent yearly on fees.
EVs solve the major problem in urban areas caused by vehicles run on petrol/diesel. EVs produce negligible noise while running.