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Tax sops for green buildings, electric vehicles


Tax sops for green buildings, electric vehicles
Updated:
Updated:
VAT on CNG, LNG reduced from 14.5% to 5%
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VAT on CNG, LNG reduced from 14.5% to 5%
Tax concessions on environmental-friendly buildings, reducing Value Added Tax (VAT) on Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG) from 14.5% to 5% and a reduction of 50% in motor vehicle tax for newly registered electric vehicles for five years have been mooted in the 2021-2022 Budget presented by Finance Minister T.M. Thomas Isaac on Friday.
In a bid to attract investors to the State, the 10% electricity duty on electricity charges will be exempted for new industrial investments for five years. ....

Tamil Nadu , Tm Thomas Isaac , High Court , Value Added Tax , Compressed Natural Gas , Liquefied Natural Gas , Luxury Tax , Surcharge Act , Kerala Agriculture Income Tax , City Gas , Kerala Money Lenders Act , Kerala Flood Cess , தமிழ் நாடு , ம் தாமஸ் ஐஸ்யாக் , உயர் நீதிமன்றம் , மதிப்பு வரி , சுருக்கப்பட்டது இயற்கை வாயு , திரவமாக்கப்பட்டது இயற்கை வாயு , ஆடம்பர வரி , கூடுதல் கட்டணம் நாடகம் , நகரம் வாயு , கேரள பணம் கடன் வழங்குநர்கள் நாடகம் , கேரள வெள்ளம் சிஇஎஸ்எஸ் ,