ilmscore | Business Financial Impact of Electric Vehicles Predictions
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Business Financial Impact of Electric Vehicles

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Over three years, purchasing a ₹20 lakh electric vehicle for business use will reduce the total taxable income by ₹15.68 lakh, resulting in a net cost of the car of ₹4.32 lakh (21.6% of its original cost).
"Due to this, the total taxable income of the business in these 3 years will be reduced by ₹15,68,000..."
Groww Groww
Jun 20, 2025
Pending
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