Rs 1.5 Lakh Income Tax Deduction On Loans Taken To Buy Electric Vehicles
  • WebDesk BTVI
  • Jul 05 2019

Finance Minister Nirmala Sitharaman said the government will provide income tax deduction of Rs 1.5 lakh on interest paid on loans taken for purchase of electric vehicles. The finance minister also proposed investment-linked tax benefit on manufacturing of products like lithium batteries and solar chargers.