India Explores Relief Measures To Counter EU-UK Carbon Tax Impact On Exports

Gearing up for global competitiveness, India explores compensation and collaborative strategies to counter the imminent carbon tax blow, focusing on iron, steel, and aluminium exports

By Outlook Planet Desk 22/12/2023

We Will See How We Can Convert CBAM To Our Advantage: Piyush Goyal

According to a Global Trade Research Initiative (GTRI) report, CBAM will translate into a 20–35 percent tax on select imports into the EU, starting January 1, 2026

By PTI 08/12/2023

India Contemplates Domestic Tax As Countermeasure To EU's Carbon Tax, Labels

India considers imposing sector-specific taxes to counteract the European Union's carbon tax while criticising the EU's approach as detrimental to global trade

By Outlook Planet Desk 03/11/2023

EU Weighs India's Bold Carbon Tax Bid

The European Commission has allayed the apprehensions of Indian exporters, especially regarding reporting standards for carbon-intense goods. Notably, this gesture addresses concerns that emerged during the CBAM's initial phase, which began this October

By Outlook Planet Desk 16/10/2023

EU Ban On Carbon Neutral Claims Set To Kill The Carbon Market

The biggest impact of this ban will be the collateral damage of the voluntary carbon market that thrives on trading emission offsets and caters to businesses wanting to claim carbon neutrality by emission offsetting

By Bose K Varghese 30/09/2023

10% Additional GST On Diesel Vehicles As Pollution Tax: Gadkari

Union Minister Nitin Gadkari said the contribution of diesel cars has already come down drastically in the country and the manufacturers need to stop selling them in the market

By PTI 12/09/2023

India To Flag Concerns Over EU's Carbon Tax, Deforestation Regulation In WTO Next Year

The EU has introduced regulations on climate change and trade, including on carbon border adjustment mechanism (CBAM); deforestation, which are not going well with developing countries 

By PTI 01/08/2023

Inter-Ministerial Group To Investigate Impact Of EU's Carbon Tax On Indian Exports

The group is mulling over strategies to mitigate its impact and ways of enabling the industry to adapt

By Outlook Planet Desk 16/05/2023

Experts: Exports from India and Least Developed Countries Will Be Affected by the EU's Carbon Tax

Global Trade Research Initiative (GTRI) report claims that, as of January 1, 2026, CBAM will result in a 20–35% levy on a number of imports into the EU.

By Outlook Planet Desk 06/04/2023

EU's carbon tax to impact India's metal exports: GTRI

Beginning on October 1 of this year, the EU will implement the carbon border adjustment mechanism (CBAM)

By PTI 01/03/2023