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CARBON TAX ON GOODS
Operationalising GST refunds for foreign tourists to promote retail exports: FIEOExporters' body FIEO has urged the government to implement GST refunds for foreign tourists to boost tourism and retail exports. They also ...- EU's CBAM poses major compliance challenge for Indian MSMEs; Experts seek urgent government supportIndian MSMEs are struggling with the EU's Carbon Border Adjustment Mechanism, facing compliance hurdles due to a lack of financial and tech...
- A $10 trillion industry sprang up when we weren’t lookingDespite political headwinds and global challenges, the sector's rapidly improving economics and falling costs signal a durable foundation, ...
- World's highest-consuming 10 pc causing environmental damage of up to USD 5.7 trn annually: StudyThe world's top consumers, mainly in the US and EU, cause trillions in environmental damage annually. Biodiversity loss and climate change ...
- China’s EV boom is cleaning the air, and may have prevented 262,000 deathsElectric vehicles are proving to be life savers. Studies show China's shift to electric cars has prevented thousands of premature deaths. A...
- Phase 1 of India-US trade pact hinges on Section 301 probe, official saysIndia and the US are set to finalize the first phase of their trade agreement soon. This move is contingent on the conclusion of ongoing Se...
- India, UK talks progressing on resolving issues for trade pact implementation: OfficialIndia and the UK are making good progress on their free trade agreement. Discussions are ongoing to resolve issues like the UK's steel safe...
- India, US reaffirm push for trade deal, call talks ‘nearly done except commas’Recent trade negotiations in New Delhi marked a pivotal moment for India and the United States. A dedicated US delegation engaged with Indi...
- From BS-IV to BS-VI: Cabinet nod for cleaner mobility in Delhi-NCRThe Union Cabinet has approved a new scheme to replace old trucks and buses in Delhi-NCR. This initiative aims to significantly reduce air ...
- UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
- India's economy resilient amid external shocks, says SitharamanIndia's economy shows resilience and strong domestic demand. Finance Minister Nirmala Sitharaman highlighted that external factors are caus...
- Steel safeguard measure hits India-UK trade pact rolloutIndia's trade deal with the UK is delayed by new British steel rules. Officials are seeking a creative solution for early implementation. M...
- Essentials, staples drive Reliance's FMCG business, qcomm push hits retail marginsReliance's consumer goods arm is seeing strong growth. Daily essentials are now its biggest revenue source, bringing in ₹8,800 crore in FY2...
- Reliance Industries' Q4 profit dips 8% as Mideast war bites at oil businessReliance Industries reported an 8.1% drop in March quarter profit. Geopolitical issues impacted the energy business. However, telecom and r...
- EU’s CBAM expansion to impact Indian engg, auto parts, machinery exports: GTRIIndia's exports of engineering goods, auto parts, and machinery to Europe face potential carbon tax hikes as the EU expands its Carbon Bord...
- EU's proposed CBAM expansion may impact Indian exporters: GTRIThe European Union is set to broaden its Carbon Border Adjustment Mechanism, which could lead to a spike in carbon tax expenses for Indian ...
- UK plans to implement carbon tax on imported goods like steel from 2027, a year after EU's proposalsAnnouncing its plan, Britain's Treasury said the proposed new tax will level the playing field, helping greener domestic producers compete ...
- India weighs local tax options to avoid EU carbon levy: MinisterIndia is considering a strategy to impose domestic taxes on high-carbon goods and utilize the generated revenue to facilitate its transitio...
- I-T department to monitor non-payment of tax on earnings from carbon creditsTax authorities plan to closely look at companies found active in carbon trading after finding non-payment of taxes on earnings from carbon...
- Exports to Europe may trip on carbon barrierIndian goods being exported to the European Union may face higher barriers if the 27-member grouping goes ahead with a proposal to place a ...
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