I had invested in bonds of a listed Company with a cumulative option for interest. My question is whether the whole amount of ₹75106 will be included in my income for this year or is any relief available to me for interest received for so many years together? Taxation of Interest Income: Accrual vs. Cash Basis Explained The first method …
SACRAMENTO, Calif. — California could offer rebates for electric vehicle purchases if the incoming Trump administration eliminates a federal tax credit for people who buy electric cars, Gov. Newsom, a Democrat, proposed creating a new version of the state’s Clean Vehicle Rebate Program, which was phased out in 2023 after funding 594,000 cars and saving 456 million gallons of fuel, …
Purchases of energy-saving home devices, such as the Google Nest Learning Thermostat, may be eligible for rebates from local utilities. As Southern California struggles to rid its skies of smog and the state aims to become carbon neutral, local government agencies and utilities are offering rebates aplenty to help residents upgrade to cleaner appliances and devices. DWP customers enrolled in …
Australian drivers are increasingly keen to make their next car electric, but high prices and the limited range of available models are keeping many from making the switch. To do this, NSW has introduced financial incentives for people to buy an EV, including: A $3,000 rebate for EVs bought for less than $68,750 — limited to the first 25,000 vehicles …
State governments will be asked to offer a road tax rebate of up to 25 per cent for personal vehicles that are purchased after scrapping old vehicles under the national automobile scrappage policy, the Union government said on Tuesday. In March, Road Transport and Highways Minister Nitin Gadkari told Parliament that state governments may be advised to offer a road …