Budget 2019 | FM Nirmala Sitharaman proposes income tax deduction on purchase of electric vehicles

In an effort to make electric vehicles more affordable, the FM has proposed to provide an income tax deduction of Rs 1.5 lakh on the interest paid on loan taken to buy EVs

from Moneycontrol Business News https://www.moneycontrol.com/news/business/budget-2019-|-fm-nirmala-sitharaman-proposes-income-tax-deductionpurchaseelectric-vehicles_12716821.html