Articles - Personal Finance
Tax benefit on electric bike in India
If you’re considering purchasing a bike for personal or commercial use, here’s why you should go for an electric one. Clean air is, of course, the primary reason. But principle and profit are a marriage you can’t put off for long. You get a deduction of Rs. 1.5 lacs under section 80 EEB of the Income Tax Act. Read on to learn the advantages of electric vehicles.