ICAI seeks tax sops for green projects, skill initiatives
The statutory body proposed that interest income earned by the subscribers of green bonds may be exempt or, in the alternative, be subject to a concessional rate of tax.
The statutory body proposed that interest income earned by the subscribers of green bonds may be exempt or, in the alternative, be subject to a concessional rate of tax.
The new slabs – with lower taxes – were offered to those taxpayers willing to forego certain deductions and exemptions. But response has been tepid.