Install solar energy plant and get discount in tax
Ministry of New and Renewable energy(MNRE) is planning to promote solar energy in India for which an application has been sent to Finance ministry.
According to the application if some one plants solar energy plant on his property then he will be benefited in tax deduction. Revenue department under Finance ministry has received this application and ministry is thinking over it.
MNRE has also requested the public sector banks to provide loan in home loan rates to the person who is willing to plant such solar plant .