Budget 2019: Ola CEO Bhavish Aggarwal says government’s focus on EVs is 'inspiring'
Among all other sectors, Budget 2019 brought huge cheer for the automobile sector in particular as Finance Minister Nirmala Sitharaman in her maiden Budget 2019 speech on Friday announced additional income tax exemption of Rs 1.5 lakh for people buying electric cars on loan.
With the latest announcement, taxpayers get a total benefit of around Rs 2.5 lakh over the period of purchase. Source - Twitter.