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Markets In Green Ahead Of Budget, Adani Stocks Rise
The Indian equities market is optimistic ahead of the Budget presentation as investors hope for major tax relief. Sensex and Nifty, key indices hinting at markets' performance, opened flat this morning.
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Trip To Uttarakhand To Get Costlier, Vehicles Will Soon Pay Green Tax
The Uttarakhand government will soon impose a green cess on out-of-state vehicles, an official said on Saturday.
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IMF Says Crypto Industry's Carbon Footprint Rising; Officials Mull Tax Surge to Curb Emissions
IMF officials have raised concerns about the crypto sector's carbon emissions and are considering whether a tax increase on crypto mining could help reduce its carbon footprint. In a blog post, the officials suggested that an 85 percent tax hike on power usage by crypto miners could potentially cut the sector's annual emissions by an estimated 100 ...
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India Trade Department Backs Lower Tax On Hybrid Cars In Green Push
India's trade department has backed lowering taxes on hybrid vehicles to help the transition to cleaner energy sources, following demands by Japanese car makers, five government and industry sources told Reuters.
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India Considering Domestic Tax Options To Deal With EU's Carbon Tax: Minister
Commerce and Industry Minister Piyush Goyal on Thursday indicated that India is mulling a domestic tax option on certain sectors and using that levy to support the green energy transition to deal with the European Union's carbon tax.
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Himachal Floods: 11 Passengers Of Punjab Roadways Bus Still Missing, 3 Bodies Recovered In Shimla
The wreckage of the Pepsu Roadways Transport Corporation (PRTC) bus was found 300 meters down from the green tax barrier of the Allo (potato) ground in the middle of the Beas river in Manali on Saturday.
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EV Makers Body Writes to NGT for Green Tax on Fuel-Based 2-Wheelers
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's ...
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US Inflation Reduction Act Could Help Cut Chinese Battery Metals Ties: Details
The US Inflation Reduction Act (IRA) is set to be signed into law by US President Joe Biden today. The law that is designed to increase green investment, comes at a price. It extends and expands the existing electric vehicle (EV) subsidy of up to $7,500 (roughly Rs. 5,94,800) but conditions the tax credit on the sourcing of the mineral content of...
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Maruti Suzuki Believes Government Will Support ‘Green’ Tech Beyond EVs, CEO Says
Maruti Suzuki, the country’s top-selling carmaker, said it believes that the government will support “green” vehicle technologies beyond EVs. The company recently unveiled its strong hybrid car in India, the Grand Vitara SUV, aimed at competing with Kia and Hyundai. CEO Hisashi Takeuchi said he thought government support would be forthcoming,...
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West Bengal's Green Energy Push With These New Exemptions
The West Bengal Friday announced exemption of registration fees, motor vehicle and additional taxes for two and four wheeled electric vehicles and all categories of CNG-operated vehicles from April 1, 2022 to March 31, 2024.
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Carmakers Dream of Clean, Green, Mean Electric Machines
From motor magnets with toxic histories to batteries made using copious fossil-fuel power, many challenges face carmakers seeking to purge dirtier materials from their supply chains to satisfy regulators and investors.
-
What Is Green Tax?
Looking at the challenges that the environment is facing, the government has decided to levy a green tax on highly polluting vehicles. Read ahead to know how the tax can help.
-
Government Should Offer Incentives To Promote Use Of Clean Fuels: IAC
Welcoming this move as a step in the right direction, the Indian Auto LPG Coalition (IAC) suggested that penalising polluters should be accompanied by reward to customers for using clean fuels.
-
Centre Plans To Impose Green Tax On Old, Polluting Vehicles
The government plans to impose green tax on old polluting vehicles soon in a bid protect environment and curb pollution.
-
Government To Impose Green Tax On Old Vehicles; Proposal Approved By Union Minister Nitin Gadkari
The Indian government may soon introduce a 'Green Tax' on old vehicles. The revenue collected through the green tax will be used to reduce/tackle pollution in India.
-
Markets In Green Ahead Of Budget, Adani Stocks Rise
The Indian equities market is optimistic ahead of the Budget presentation as investors hope for major tax relief. Sensex and Nifty, key indices hinting at markets' performance, opened flat this morning.
-
Trip To Uttarakhand To Get Costlier, Vehicles Will Soon Pay Green Tax
The Uttarakhand government will soon impose a green cess on out-of-state vehicles, an official said on Saturday.
-
IMF Says Crypto Industry's Carbon Footprint Rising; Officials Mull Tax Surge to Curb Emissions
IMF officials have raised concerns about the crypto sector's carbon emissions and are considering whether a tax increase on crypto mining could help reduce its carbon footprint. In a blog post, the officials suggested that an 85 percent tax hike on power usage by crypto miners could potentially cut the sector's annual emissions by an estimated 100 ...
-
India Trade Department Backs Lower Tax On Hybrid Cars In Green Push
India's trade department has backed lowering taxes on hybrid vehicles to help the transition to cleaner energy sources, following demands by Japanese car makers, five government and industry sources told Reuters.
-
India Considering Domestic Tax Options To Deal With EU's Carbon Tax: Minister
Commerce and Industry Minister Piyush Goyal on Thursday indicated that India is mulling a domestic tax option on certain sectors and using that levy to support the green energy transition to deal with the European Union's carbon tax.
-
Himachal Floods: 11 Passengers Of Punjab Roadways Bus Still Missing, 3 Bodies Recovered In Shimla
The wreckage of the Pepsu Roadways Transport Corporation (PRTC) bus was found 300 meters down from the green tax barrier of the Allo (potato) ground in the middle of the Beas river in Manali on Saturday.
-
EV Makers Body Writes to NGT for Green Tax on Fuel-Based 2-Wheelers
Society of Manufacturers of Electric Vehicles on Tuesday said it has petitioned the National Green Tribunal (NGT) expressing concerns against the government's move to cut FAME II subsidy and support a 'Green Tax' on fuel-based two-wheelers. The Ministry of Heavy Industries' latest decision to cut down FAME II subsidies is likely to disrupt India's ...
-
US Inflation Reduction Act Could Help Cut Chinese Battery Metals Ties: Details
The US Inflation Reduction Act (IRA) is set to be signed into law by US President Joe Biden today. The law that is designed to increase green investment, comes at a price. It extends and expands the existing electric vehicle (EV) subsidy of up to $7,500 (roughly Rs. 5,94,800) but conditions the tax credit on the sourcing of the mineral content of...
-
Maruti Suzuki Believes Government Will Support ‘Green’ Tech Beyond EVs, CEO Says
Maruti Suzuki, the country’s top-selling carmaker, said it believes that the government will support “green” vehicle technologies beyond EVs. The company recently unveiled its strong hybrid car in India, the Grand Vitara SUV, aimed at competing with Kia and Hyundai. CEO Hisashi Takeuchi said he thought government support would be forthcoming,...
-
West Bengal's Green Energy Push With These New Exemptions
The West Bengal Friday announced exemption of registration fees, motor vehicle and additional taxes for two and four wheeled electric vehicles and all categories of CNG-operated vehicles from April 1, 2022 to March 31, 2024.
-
Carmakers Dream of Clean, Green, Mean Electric Machines
From motor magnets with toxic histories to batteries made using copious fossil-fuel power, many challenges face carmakers seeking to purge dirtier materials from their supply chains to satisfy regulators and investors.
-
What Is Green Tax?
Looking at the challenges that the environment is facing, the government has decided to levy a green tax on highly polluting vehicles. Read ahead to know how the tax can help.
-
Government Should Offer Incentives To Promote Use Of Clean Fuels: IAC
Welcoming this move as a step in the right direction, the Indian Auto LPG Coalition (IAC) suggested that penalising polluters should be accompanied by reward to customers for using clean fuels.
-
Centre Plans To Impose Green Tax On Old, Polluting Vehicles
The government plans to impose green tax on old polluting vehicles soon in a bid protect environment and curb pollution.
-
Government To Impose Green Tax On Old Vehicles; Proposal Approved By Union Minister Nitin Gadkari
The Indian government may soon introduce a 'Green Tax' on old vehicles. The revenue collected through the green tax will be used to reduce/tackle pollution in India.
