CHENNAI: As India is undertaking major tax reforms for the taxation of goods and services, a group of state-level policy makers have suggested green taxes to be integrated in the Goods and Services Tax (GST) to tackle issues of pollution and maintain a sustainable growth.
The experts, which included chairman of Economic Advisory Council to the Prime Minister Dr C Rangarajan and director of Madras School of Economics D K Srivastava and other dignitaries, while deliberating on a state-level policy makers’ decision here on Friday, suggested the need for mechanisms for green taxes in GST to penalise those polluting the environment.