Green Tax Current Affairs, GK & News
Approval was given by Union Minister for road transport and highways Nitin Gadkari for the proposal to impose ‘Green Tax’ on vehicles older than 8 years at the time renewal of fitness certificate. This proposal will be sent to the state and Union Territories for feedback before the formal notification. The green tax revenue will be used to combat pollution. The minister also approved policy of deregistration and scrapping of vehicles older than 15 years owned by the government.
The two-auto industry executes have recently highlighted that the Maruti Suzuki India Ltd will gain most from a government proposal to levy a green tax on petrol and diesel vehicles. Highlights Maruti is India’s top carmaker and has the largest portfolio of compressed natural gas (CNG) vehicles among all the domestic automakers. The Suzuki Motor ..
The Ministry of road transport has decided to impose the additional taxes on old vehicles that are no more fit on road. This additional tax is being called as the “Green Tax”. Th decision was taken to curb pollution. It will also motivate people to switch to environment-friendly alternatives to the vehicles. Highlights The Green ..
The French government is set to impose tax of up to €18 on plane tickets for all flights from airports in France. It is aimed to fund less-polluting transportation projects. Key Highlights This move by French government to impose green tax on plane tickets will take effect from 2020 which means all tickets for outbound ..
Month: Current Affairs - July, 2019