shirsendukar

The popularization of electric vehicles in India has been in news for quite some time. This is mostly because it’s a global issue and the collection of electric vehicles in India now ranks second after China. With a plethora of incentives getting revealed in the Union budget for electric vehicles, India has joined governments in China and Europe. They have been backing the development of the nascent EV industry by providing extensive fiscal incentives and a favorable regulatory environment.  In India, the entire scenario got a boost up when  electric rickshaw in Jharkhand  was immensely popularized. Even the government finally backed the initiative as this is a step towards an eco-friendly society.  Promoting eco-friendly environment  An electric vehicle is perhaps a way to say no to pollution. The introduction of the  battery-operated rickshaw in Jharkhand  was actually a huge step towards the promotion of an eco-friendly environment. Ele...

It is a well-known fact that in India, since the last few years, many unemployed young individuals have bought electric rickshaws and have become self-employed. Hence, the markets of the  electric rickshaw in Bihar  and  battery-operated rickshaw in Jharkhand  have experienced amazing growth within a short period of time. The prices of E-rickshaws in India vary from INR 1 Lakh to INR 1.5 Lakh. Therefore, many young people of poor families take loans from various banks and money lenders. But, now, if you want to buy an E-rickshaw, you don’t need to shell out any extra amount of money.  Why E-rickshaws will become more affordable?  On July 27 th , 2019, it has been declared that the tax rates for E-vehicles will be slashed from 12% to 5%. Following the order of the Finance Ministry of Government of India, The Goods & Service Tax ( GST ) Council has decided to reduce the GST rates on all types of electric vehicles, their chargers, and a few other ...