Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: form 3cd :: TDS :: VAT Audit :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: cpt :: empanelment :: due date for vat payment :: VAT RATES
 
 
« News Headlines »
 Find out which ITR Form is suitable for you
  Pr CIT vs. Baisetty Revathi (Andhra Pradesh High Court)
 What is income tax?
 Refund procedure initiated under GST
 Income tax returns (ITR) filing: How to get capital gains tax benefits on assets in own name
 7 avenues to help you save tax under Section 80C of Income Tax Act
 How to make income tax law less taxing
 Your Income Tax returns (ITR) filing revised? 5 points you must worry about
 Revised income tax returns under I-T radar
 Govt to simplify income tax laws, sets up task force under taxman Arbind Modi to study overhaul
 Infosys to configure GST network for filing returns

To save tax, wear green belt on shop floor
December, 22nd 2006

A thick green cover in the backyard of your factory may actually exempt you from paying land tax. The ministry of environment & forests (MoEF) is mooting a mechanism to incentivise land owners for providing ecological services such as planting trees.

The compensation could be in the form of land tax exemption or providing relief from land ceiling, a government official said. The modalities of providing incentives need to be worked out by the finance ministry, he added.

In a letter to the Cabinet committee on economic affairs (CCEA), MoEF has suggested that the finance ministry could be asked to prepare an incentive package. Besides sustainable development, the move also aims at increasing the countrys forest and tree cover to one-third of the geographical area by 2012.

With incentives in place, the ministry hopes to generate private investment in forestry projects including timber production. This would reduce our dependence on import of timber.

At present, in the absence of subsidies for timber production, much of the imported timber is a product of subsidised production in a developed country. The subsidies referred to as green-box subsidies are compatible with provisions under the World Trade Organization. Such imported timber brought to the country is reflected in the pricing of the wood. As a result, we lose out, a government source said.

To offset the green-box subsidies, the ministry has alsosuggested that the import tariffs, within the WTO-bound rates, for imported timber or forest producers be enhanced.

In another attempt to increase forest cover in the country, the ministry hadearlier proposed that the industry begiven control over degraded forest land, wasteland and other public land forgrowing trees under a multi-stakeholder partnership. Investors will be selectedby inviting expressions of interest followed by fixation of entitlement packages for local communities.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Team

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions