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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. .

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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. In this blog post, we’ll explore why leasing a car, like a Cupra Formentor or a Nissan Leaf, can be an ideal choice for your business, both in terms of financial benefits and tax advantages.

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

Green cars” can be defined as vehicles that use alternative fuels (other than petrol or diesel) and/or alternative types of propulsion (other than the conventional ICE). Tax credits and subsidies may end up being highly regressive, and only reward those who need them the least. The issue of equity is also important.

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. From battery systems failing and range figures plummeting, to planned obsolescence after your three-year finance deal is up, we’ve all heard the rumours.

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Reducing the cost of electric vehicles

Electric Vehicles India

MoRTH issued a notification advising states to waive road tax on EVs, which in turn will help reduce the initial cost of EVs. Ministry of Road Transport & Highways (MoRTH) announced that battery-operated vehicles will be given green license plates and be exempted from permit requirements.

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How does leasing an electric car work?

Drive Electric

When you lease a car, a finance company effectively buys it from the manufacturer and leases it to you for the duration of your contract. It’s a great way to drive a brand new car without having to finance the entire cost. How does leasing work? Contract Purchase. If you’re taking out a BCP, you won’t pay any VAT at all.

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Cheaper EVs! Government announces scheme to slash the cost of buying new and used electric vehicles. But there are conditions…

EV Central

The government estimates the low interest loan could save EV buyers more than $8000 off a $40000 loan with a seven-year term – on top of savings from ending petrol bills. It is being backed to the tune of $150 million by the Clean Energy Finance Corporation. READ MORE: [link] READ MORE: Plug pulled!

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