Electric Car Tax Rebates 2025. Section 80eeb of the income tax act allows buyers of electric vehicles to claim tax savings of up to rs. The treasury department released new guidance friday outlining how car dealers can give customers instant access to the electric vehicle rebate starting in january 2025.
The federal government’s $7,500 tax break for electric vehicle purchases has never been easier to claim. The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new trump administration, but that might actually be good news for tesla and its ceo elon.
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