Electric Vehicle Tax Exemption 2024. Features of 80eeb deduction to avail income tax benefit on ev. You don't need to pay fringe benefits tax (fbt) on eligible electric cars and associated car expenses.

The upcoming union budget 2024 is likely to draw the roadmap to accelerate india’s electric vehicle ambitions, with the narendra modi government targetting 30 per cent of auto. “from 1 april 2025, drivers of electric and low emission cars, vans and motorcycles will need to pay vehicle tax in the same way as drivers of internal.