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 …
A Bill further to amend the Andhra Pradesh Value Added Tax Act, 2005. The proposed Andhra Pradesh Value Added Tax (Amendment) Bill, 2020 seeks to revise the tax rates on petrol and diesel. The revision will result in a revenue gain of Rs 566 cr per annum approximately.
Former Finance Minister Pravin Gordhan proposed a tax on sugar-sweetened beverages‚ as part of government’s efforts to tackle obesity. But during the budget meeting in February‚ the proposed implementation date of a sugar tax was shifted until later in 2017. The beverage association‚ which represents the interests of the non-alcoholic …
