GREEN TAXATION
Introduction: The mother earth provides natural resources such as minerals, coal, petroleum, iron, wood etc. that are used by the business houses to earn wealth. Nature has given so much to the mankind in the form of natural resources that are being exploited by mankind ruthlessly without having any concern for the environmental damage and sustainability challenges that our future generations are likely to face. Global warming has brought a big corner for environmental issues in almost all the countries specially in developing countries like india where pollution control mechanisms are found to be ineffective. However, With the rise in people’s awareness about the severely negative impacts of environmental pollution and subsequent climate change, federal governments all across the world seem to have woken up to fight for this cause. Off late there has been a rising interest for enacting governance policies of sustainable development in order to ...