Thursday, 29 November 2012

COMMON SENSE SIMPLIFIED: GREEN IS THE NEW BLACK!

COMMON SENSE SIMPLIFIED: GREEN IS THE NEW BLACK!:

In the same light, the Supreme Court has recently floated a proposal to impose “a green tax on new and existing private diesel vehicles to check pollution in the National Capital Region.” The bench proposed to tax diesel vehicles with a green tax that would be 25 per cent of the cost of the vehicle. This is to make sure that the subsidy being offered in form of lower diesel prices comes back to the government.

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