Tata Motors advocates for incentives on EVs, opposes hybrid tax cuts in India: Report | Autocar Professional
Baua Electric
JANUARY 19, 2024
As part of Prime Minister Narendra Modi’s initiative to combat pollution, India has been actively promoting electric vehicles, offering them a low tax rate of just 5%. In contrast, hybrid cars face a significantly higher tax rate of 43%, just below the 48% levied on traditional petrol cars.
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