EV owners / prospective owners,
Please share your experience / research on,
- Income Tax deductions - Section 80EEB was introduced in the budget 2019 but there is very little information about it. Does anyone plan to avail it in AY 2020-2021?
- Preferred bankers / Financial Institutions - The finance team needs to be a little savvy to comprehend and process these loans. Are there some banks/FIs better than others in this aspect?
- Special procedures - An EV auto loan as opposed to a regular auto loan involves any special procedures that one needs to be aware of?
- Other pointers - Insurance service providers, etc.
Mods, Please merge if a topic already exists.