Eco Tax

Access and Benefit Sharing: New rules for use of biodiversity

The National Biodiversity Authority has released a new set of rules to manage sharing of benefits generated through the use of biological resources. The Biological Diversity (Access to biological Resources and Knowledge Associated thereto and Fair and Equitable Sharing of Benefits) Regulation 2025 was approved by the Central government and …

No tax hike for your pets and vehicles

New Delhi: In view of the upcoming Assembly elections, the BJP led Municipal Corporation of Delhi (MCD) has made a populist move by deciding not to increase the rate of taxes levied on pets and vehicles. Leader of House Subhash Arya made this announcement while presenting the final budget for …

In Short News

environment cess: The Delhi government has decided to levy an environment cess on diesel fuel at the rate of 25 paisa per litre. The revenue from the cess will be used to create a fund to finance clean air action plan in Delhi. The cess is expected to generate a …

London to hike congestion tax

the congestion tax in London may soon get heavier. Under the existing system, those driving into central London pay

Netherlands to tax polluting cars

The Netherlands recently announced its plans to cut co2 emissions by 30 per cent by 2020. To achieve the target, it has proposed that an additional tax be imposed on cars that exceed the permissible limit of co2 emissions. The cars will be required to pay an additional tax of …

Australian farmers oppose carbon tax to check GHG emissions

Australian farmers have opposed a carbon tax to curb greenhouse gas emissions and announced their support to prime minister John Howard's national emissions trading scheme. In a submission to the prime minister's taskforce on emission trading, the National Farmers Federation (nff) has said that under the scheme, farmers should be …

British airlines flay emission limits

Three major British airlines have recently flayed the European Commission's proposed air passenger tax. The scheme is a "poor environmental tax' and a wrong way to reduce greenhouse gas emissions, they said in a statement. In a meeting with the parliamentarians, the airways

Tax on recycled plastic proposed; industry criticises government

the Union government recently proposed a tax on recycled plastic that might put an end to the livelihood of hundreds of rag pickers and small-scale plastic recyclers in the country. Industry representatives have criticised the imposition of a 16 per cent excise duty and a two per cent education cess, …

Right end of the stick

China recently introduced a 5 per cent tax on disposable wooden chopsticks, in a bid to conserve its forests. Millions of trees and bamboo plants are cut every year in China to produce 45 billion disposable wooden chopsticks, which are exported as well as used domestically. Environmentalists have warned that …

Grey areas galore

On January 12, 2006, the Central Board for Direct Taxes ( cbdt ) issued a circular stating that effluent conveyance and treatment systems for chemicals industries will qualify as

Swedish tax drive

Kfont class="UCASE">stockholm has replicated London's example by imposing a congestion tax on all vehicles entering some areas in the heart of the Swedish capital. The measure is proving successful in reducing traffic with the number of vehicles entering the city centre dropping by about a sixth. The tax charged for …

Illusive relief

in the wake of strong protests by community forest user groups (cfugs) and conservationists, the Nepal government has reduced the controversial forest product fee

In the tax bracket again

The Orissa government has slapped a forest development tax (fdt) on three minor forest produce (mfp) items

Smells like trouble

the tax liability of New Zealand's farmers is set to rise because their bovine assets

It s official now

THE authorities are caught in a logjam. They cannot shy away from the challenge of restricting the use of dirty fuels, as it is no longer a ‘mere plea’ of a few civil society groups. Pointer to shallow policies, a report commissioned by the Union ministry of environment and forests …

Compliance tax

In order to generate revenue for its environment agency's projects to reduce greenhouse gas emissions, Japan is mulling over a proposal to impose tax on coal. The proposal seeks to rationalise the fuel tax structure to ensure that the levies cover different types of energy resources. It highlights the fact …

Bagging Success

The Irish government has achieved twin targets in one stroke. A

Green proposal

It's bad news for coal exporters. Japan, one of the world's biggest coal importers, is considering a coal tax to encourage the use of cleaner fuels such as natural gas. Japanese ministry officials said that they were considering introducing the levy after shares of three of the world's biggest exporters …

Making polluters pay

to check increasing pollution levels in the state, the Andhra Pradesh (ap) government is considering a proposal to tax polluting vehicles. The proposal targets all vehicles, including private cars and two-wheelers, in the twin cities of Hyderabad, Secunderabad and other areas with high vehicle density such as Nizamabad and Vishakhapatnam. …

Making motorists pay

soon motorists in Britain will be charged a congestion tax. The proposed tax aims to declog traffic and depollute the streets of London. Mayor Ken Livingstone said a daily charge of us $7 would be levied on motorists driving into the heart of the capital between 7 am. and 6.30 …

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