-The Times of India NEW DELHI: During the last two years, the government collected more than Rs 16,400 crore as Swachh Bharat CESs, meant to fund sanitation schemes, but the Comptroller and Auditor General (CAG) has pointed out nearly a quarter of the collection has stayed outside the dedicated fund. While collections through the 0.5% CESs on all serviCES was meant to be transferred to a non-lapsable Rashtriya Swachhta Kosh, over Rs...
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India can exceed its climate goals while maintaining GDP of 6-7%: report -Mayank Aggarwal
-Livemint.com India can meet its national climate change goals promised under the Paris Climate Agreement, says report by World ResourCES Institute and Open Climate Network New Delhi: Not only can India meet its national climate change goals promised under the Paris Climate Agreement, but can potentially exceed them while maintaining an annual gross domestic product (GDP) growth of 6-7%, said a new report released on Wednesday. The report, “Pathways For Meeting India’s Climate...
More »Unutilised forest wealth generates huge revenue for Rajasthan's tribals
-IANS UDAIPUR: Farming has rarely been a viable proposition in Rajasthan's dry and hilly Udaipur region. A new way has now been found to provide sustainable sustenance for the area's tribals by enabling them to sell -- for a staggering Rs 189 crore ($29 million) in the last two years -- minor forest produce (MFP) that is abundant in the area and has remained unutilised for almost nine decades. According to officials,...
More »Why Indians will continue to pay high oil priCES despite lower global rates?-Suchetana Ray
-Hindustan Times Consumers pay more than 100% tax – central and state levies combined – on petrol and diesel. New Delhi: Fuel priCES in India are at a three-year high, although global crude rates halved over the same period, leaving many in the country to wonder why they must continue to pay more for petrol and diesel. The central government says that because states earn more in taxes on petrol and diesel, they...
More »Uneven Mandi tax adds to GST burden -Madhvi Sally
-The Economic Times Even as the dust kicked up by the Goods and ServiCES tax is yet to settle, traders and companies have to face another conundrum an uneven mandi tax. So wide is the discrepancy that a company procuring grain had to pay 6 per cent tax in Punjab, 4 per cent in Haryana and 0.2 per cent in Madhya Pradesh. Industry says this will create an imbalance in the interstate...
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