Emission 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 …

Petrol, diesel cars to cost more as road tax goes up

MUMBAI: Buying new cars is set to become even more expensive, with the Maharashtra Motor Vehicle Tax or road tax being raised for both petrol and diesel vehicles from May 1. Moreover, owners will also have to shell out more for petrol and diesel, the prices of which are likely …

EU Emission Tax: India, US and Others to Decide on Retaliatory Measures

Intensifying the protest against European Union’s imposition of carbon tax on airlines flying into their airspace, India, China and Russia may soon respond together with a retaliatory fee on European carriers, making it difficult for them to fly east. The move, which has the potential to dent the business of …

EU official to India: Carbon tax inevitable

Following meetings with both minister for aviation Ajit Singh and environment minister Jayanti Natarajan on the controversial carbon emissions levy that EU has introduced, Connie Hedegaard, European Union climate action commissioner, claimed the tax is inevitable “as aviation is increasing and emissions from aviation are also increasing.” India, along with …

Hike taxes on diesel cars: Greens

New Delhi: The clamour for making diesel cars dearer is getting louder just ahead of the Budget, with environment lobbyists and sections of the government advocating higher taxes to compensate for the subsidy the fuel enjoys. While the petroleum ministry is believed to have advocated a raise in excise duty …

CSE Argues for Higher Tax on Diesel Cars

The Centre for Science and Environment has sought additional tax on diesel cars, saying the fuel was causing losses to the exchequer besides affecting public health. The demand has riled carmakers that rebut the charge. The Delhi-based non-government organisation has demanded . 81,000 tax on smaller diesel vehicles and double …

Personal cars account for 0.6% of India’s diesel consumption

New Delhi: They may be branded as villains by the environmental lobby, but personal cars consume a paltry 0.6% of the diesel consumed in the country, an internal Planning Commission note said. The note shows that personal cars are the lowest consumers of diesel, a far cry from the charges …

Three steps for India

Indian cities need to put the brakes. But how? "Think of what London and Singapore did before graduating to sophisticated restraints," said Paul Barter of Singapore National University. Singapore slapped high taxes on new cars and annual taxes on cars in use. It could be 160 per cent of the …

Maharashtra to levy green tax on old vehicles

MUMBAI: The Maharashtra government on Wednesday decided to levy environment tax on commercial vehicles which are over eight years old and private vehicles which are over 15 years.Given that there are over 6 lakh commercial and 15 lakh private vehicles in the specified age category, around 21 lakh vehicles are …

Govt mulls tax to phase out fuel-inefficient vehicles

Deterrent against manufacture of guzzlers. Arun S Anil Sasi New Delhi, Nov. 20 It could soon be a tough road ahead for vehicles with low fuel efficiency. The Government is considering a proposal to introduce a new tax on such vehicles to ensure that they are phased out. This tax …

Centre weighs traffic congestion tax in metros

THE government is considering imposing a special fee on vehicles entering the central business districts of metropolitan cities as part of steps to cut carbon emissions and reduce traffic congestion. The prime minister

Advani for tax on polluting industries

BS Reporter / New Delhi October 22, 2008, 0:40 IST Injecting a new element into the debate on regulations to check the emission of greenhouse gases by domestic industries, Bharatiya Janata Party (BJP) leader LK Advani favoured a tax regime to address the country

Maha Govt takes lead, plans to levy green tax

Dhaval Kulkarni Taking a leaf out of Forest Department programmes of some other countries, the Maharashtra Government has decided to levy taxes from vehicles, industries and municipal corporations to restore its green cover. One tax for bidis, cigarettes: Ministry

China doubles sales tax on cars with big engines

China is raising its sales tax on big cars to as high as 40 percent, and drastically cutting taxes on small cars, in its latest attempt to combat emissions that contribute to heavy blankets of smog over most of its cities. The tax on passenger vehicles with engines bigger than …

Polluting power cos may pay carbon tax

Subhash Narayan NEW DELHI THE energy coordination committee headed by prime minister Manmohan Singh has suggested imposition of a carbon tax on polluting power stations. The proposal would club India with a select group of countries that tax carbon emissions directly and boost the renewable energy initiative. The initiative could …

Businesses in Bay Area May Pay Fee for Emissions

Air quality regulators in the San Francisco Bay Area appear set to begin charging hundreds of businesses in the region for their emissions of heat-trapping gases. It is believed to be the first time in the country that any government body would charge industries directly for emissions that contribute to …

Green govt slashes VAT on CFLs

In what comes as good news for those rallying for energy conservation, the government has announced a tax cut on compact fluorescent lamps (CFL) and BIS certified or BEE star rated electronic chokes. Value Added Tax has been brought down from 12.5% to 4%. However, that amounts to a reduction …

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 …

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