In Budget 2024, in addition to mentioning the installation of more EV charging stations in Malaysia and rebates for electric motorcycle buyers - the government also announced tax relief for EV owners.
A total of RM2500 tax relief for 4 years will be given for charging facility expenses. In addition, tax deductions will also be given to the cost of renting an EV for two years. With this announcement, the burden on citizens to install electric vehicle chargers at home is reduced.
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CYBER LIFE