Electric Vehicle Rebate 2024 In India. 500 crore, set to expire on. To summarize, to qualify for electric vehicle tax credits and rebates in india, you need to purchase an eligible vehicle, understand the relevant provisions in the income tax act, apply.

The tax savings calculator helps to calculate how much amount in tax would be saved if a.  — to further support the sector, the ministry of heavy industries (mhi) introduced the electric mobility promotion scheme (emps) with a budget of rs.