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Feel to get in touch with us. Call us +603-40444748 or Whatsapp us at +6016-6054748
KUALA LUMPUR, Oct 29 — Electric car enthusiasts or those wishing to buy one will now get tax exemption as part of Budget 2022 incentives.
Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said the government wants to encourage people to buy these vehicles and their long-term plan is to make Malaysia carbon neutral by 2050.
“These are energy-efficient vehicles meant to reduce gas emissions hence to aid the local industry we want to give them exemptions from import, excise and road taxes. These are 100 per cent tax exemptions.
“In addition, individual tax exemption of RM2500 will also be given to those who purchased, rent or have been paying to charge the vehicle while it’s being docked,” he said during the tabling of Budget 2022 in Parliament today.
Friday, 29 Oct 2021 07:07 PM MYT BY R. LOHESWAR
How to Choose an Electric Car With more and more electric vehicles coming onto the market, it's often hard to know exactly what to look out for.
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