Company Tax On Electric Cars. You get a deduction of rs. Cars with co2 emissions of less than 50g/km are.
After this time it will rise by 1% in the following three years (ie in 2025/26 it will be 3%; You get a deduction of rs.
The Present Bik Rate For Electric Cars Is 2%, And It Will Remain At 2% For The 2023/24, And 2024/25 Financial Years.
As recently as 2020/21, the bik rate was 0 per cent, then in 2021/22 it went up to one per.
This Measure Will Provide Long Term Certainty On Company Car Tax Rates.
You get a deduction of rs.
For Business Usage, Individuals Can Get The Tax Benefit For Electric Cars.
Images References :
Capital Allowances On Electric Cars.
1,50,000 under section 80eeb on the interest paid on loan taken to buy electric vehicles.
For Business Usage, Individuals Can Get The Tax Benefit For Electric Cars.
After this time it will rise by 1% in the following three years (ie in 2025/26 it will be 3%;
The Company Car Tax On Electric Cars Was Eliminated (0%) For The 2020/21.