Significance of Tax Reduction on Income from Carbon Credits2018-02-15
In the modern world, it is hard not to notice the increasing effects of Carbon dioxide in our daily lives. The carbon dioxide levels have been shooting up at an alarming rate in the recent years, the major contributors being activities like combustion of fossil fuels, industrialization, deforestation etc. India, being a developing country is considered one of the major contributors in carbon emission. Though it is a worrying prospect, in the light of the latest announcements made as part of Budget 2018, there is a bright side this gloomy situation has to offer.