Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: TDS :: form 3cd :: Central Excise rule to resale the machines to a new company :: VAT Audit :: articles on VAT and GST in India :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: due date for vat payment :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
 
 
« General »
 Tax breather for foreign investors: All you need to know
 What the increase in tax collections does not tell us about Indian economy post demonetisation
 India’s crazy retrospective tax on foreign funds will tarnish country’s reputation
 How tax related, PAN grievances can be resolved through E-Nivaran
 Tackling income tax exemptions for equities and agriculture
 Amfi wants tax benefits for retirement plans
 Top five factors which could chart market direction in the coming week
 Tax rate hikes boost shadow economy
 Tax mop-up may decline in new amnesty scheme
 Weeks before Budget, Finance Minister Arun Jaitley lists out benefit of low tax rates
 Second home loan tax benefits

Demands more tax breaks for green investment
June, 03rd 2010

Eighty five per cent of Indian companies are of the view that government tax breaks are required to accelerate green investments, a survey revealed.

Thirty per cent of companies in India monitor their carbon footprint compared to the global average of 19 per cent.

Eighty five per cent of companies in India said if government offered tax incentives to invest in energy efficient or low-carbon equipment, businesses would significantly accelerate their green investments, a global survey by workspace solutions provider, Regus, revealed.

The study revealed that only 51 per cent of companies monitor their energy efficiency.

Another 50 per cent of companies had a policy to invest in energy efficient equipment. Running costs were found to be important to the majority (57 per cent) of companies that declared that they would only invest in low carbon equipment if it were cheaper or the same to run as conventional equipment.

Small companies throughout were found to be below average on their actual and predicted level of green investment, indicating that smaller businesses are harder pressed to select low-carbon equipment when this comes at marginally higher price, as short-term needs are more urgent than long-term investment.

Only 25 per cent of small businesses monitor their carbon footprint compared to compared to 45 per cent of large businesses. Similarly only 44 per cent of small businesses had invested in green equipment compared to 57 per cent of large businesses.

The survey also analysed sector differences. Forty three per cent of companies in the ICT sector measure their carbon foot print, 53 per cent of companies in the Sector had invested in green technology and 57 per cent had a policy to do so. By contrast only 25 per cent of companies in the consultancy sector monitor their carbon foot print, but 71 per cent declared that the majority of their equipment was energy efficient.

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

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