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CARBON TAXATION REGIME
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...- Amid carbon pricing jitters, India secures five key assurances from EUIndia has secured crucial advantages from the European Union regarding the Carbon Border Adjustment Mechanism. These include MFN-like statu...
- GST on aerated beverages may be hiked to 35%; GST council decision on Dec 21The GoM on GST rate rationalisation has proposed increasing the tax on aerated beverages to 35% from 28% and similarly raising taxes on sin...
- High tax hindering carbonated soft drinks segment in India reach potential: ICRIER reportHigh taxes under India's GST regime are hampering the growth of the carbonated soft drinks sector, despite initiatives like 'Make in India'...
- End of GST compensation cess may not be blessing for 'sin taxed'Cigarettes, tobacco products, carbonated drinks, and high-end automobiles in the 28% GST slab might see a rise in taxation as a cess ends i...
- Taxation of 40% on carbonated beverages hampering innovation: Indian Beverage Association’s JP MeenaIndia's beverage industry, facing a 40% GST on carbonated drinks, advocates for tax rationalization to spur innovation, job creation, and i...
- CBAM, permanent establishment rules, transfer pricing key in India’s outbound FDI: EYEY's report highlights how environmental concerns and clean energy challenges could impact Indian companies investing abroad. The report de...
- Cut excise duty on CNG till gas is included in GST: Kirit Parikh panelThe Parikh Committee, which was formed to recommend fair price of gas to the end consumer and a "market-oriented, transparent and reliable ...
- Policy actions needed to promote gas-based power generation: GE expertsThe experts, during the webinar on 'Why Gas Power for India? Grid firming for round-the- clock power', opined that in India gas power can c...
- Union Budget 2018: Luxury carmakers hope for incentivising hybrids, lower GSTThe carmakers feel a lower Goods & Service Tax (GST) and upper cap on income tax will help create demand for luxury cars.
- Consumer goods may get cheaper under GSTCompanies said this may not lead to much price drop except in small screen televisions since there is significant increase in television pa...
- Govt keeps aviation out of climate dealThe ICAO Assembly is expected to adopt the first-ever GMBM by any industry sector covering CO2 emissions from international activity .
- Can't impose emission tax on airlines, says IndiaIndia on Monday made it clear that the country would not agree to any move of the International Civil Aviation Organisation to propose carb...
- Airline carbon tax will burden poor countries: BASICThe unanimous stand emerged during the two-day ministerial meeting of the BASIC group here.
- PM Narendra Modi invites Russian industry to invest in IndiaPutin said that high technology, innovation, energy, aircraft building, pharmaceuticals and diamonds are promising areas for India-Russian ...
- India to encourage non-cash payments: CEA Arvind SubramanianIndia is working towards policies and regulations that would encourage non-cash payments to effectively tackle the problem of black money, ...
- Economic Survey 2015: Five-fold hike needed in coal cess to Rs 500 to sharply cut carbon emissionsThe survey said that coal price reforms of this magnitude could potentially contribute to annual carbon emission reduction of 214 million t...
- Economic Survey 2015: Green initiatives that re-energised renewable sectorThe Economic Survey observes that there is still a long way to go with potential large gains still to be reaped from reform of coal pricing.
- Trade war: Cabinet to consider steps against EU carbon taxThe move comes after the government told the Indian aviation sector not to provide data the EU had asked for as part of this new carbon tax...
- Climate policy needs a basic shiftThe Copenhagen Accord has transformed the global climate discourse. We now need to develop our vision.
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