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Eco survey advocates tax breaks on e-vehicles, subsidies for new energy
The New Indian Express Vellore
|February 01, 2025
TAX breaks on electric vehicles (EVs) and subsidies for renewable energy can encourage a shift toward low-carbon lifestyles, the Economic Survey 2024-25 stated on Friday.
"There are several effective mechanisms to promote low-carbon lifestyles and advance sustainable development...Financial incentives such as tax breaks for electric vehicles and renewable energy use subsidies can motivate individuals and organisations to adopt greener practices," the survey noted.
This story is from the February 01, 2025 edition of The New Indian Express Vellore.
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