The President signed a decree introducing a 1% refund for individual purchases within a month, not exceeding 60 BRV. This applies to items registered through the special mobile application of the tax authorities. Individuals installing renewable energy sources with a total capacity of up to 100 kW are exempt from certain taxes for three years. Tax incentives of up to 10 years apply if the installed systems include an energy storage capacity of at least 25% of the solar panel capacity (individuals installing renewable energy sources with a total capacity exceeding 1 kW for each object).
by Rohin Pujari