- Q.
How much govt subsidy on tigor
- Cardekho Experts
- on 17 Feb 2020
As per the latest updates, the Government of India has instructed the GST council to reduce Goods and Service Tax (GST) on electric cars from 12 percent to 5 percent. In addition, EV buyers availing loans for their cars will also be eligible to save up to Rs 1.50 lakh in terms of income tax, depending on their tax bracket. A total benefit of up to Rs 2.5 lakh could be on the cards for EV buyers. Moreover, the final quotation of the car with the subsidy can we avail at the dealership so we would suggest you to exchange your words with them. You can click on the following link to see the details of the nearest dealership and selecting your city accordingly - Car Showrooms.
Helpful (1)- 1 Answer
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