Economic Bill 2083 Removed from Finance Ministry Website Due to EV Tax Error

Key Points

• The Economic Bill 2083 was removed from the Finance Ministry's website due to a tax rate error for electric vehicles.
• The initial bill failed to mention customs duty and clean infrastructure investment fees for vehicles priced between 2 million and 3 million rupees.
• The Finance Ministry clarified that the infrastructure fee for vehicles in this price range remains at 20 percent.
• The customs duty rate for all vehicles remains unchanged as per the ministry's clarification.