India is also one of the few countries in the world to impose a tax on coal This coal cess whic...........

Economic Affairs Tax System

India is also one of the few countries in the world to impose a tax on coal. This coal cess which was renamed as ______________in the Union Budget 2016-17 funds the National Clean Environment Fund (NCEF).

Clean Energy Cess

Clean Environment cess

Clean Development cess

None of the above

छोटे Courses बड़े Results

Master Tax System

Prepare through Micro-courses

Try Now

Explanation:

From the survey:
India is also one of the few countries in the world to impose a tax on coal. This coal cess which has been renamed as “Clean Environment Cess” in the Union Budget 2016-17 funds the National Clean Environment Fund (NCEF). The Clean Environment Cess has been doubled in the 2016-17 budget from Rs. 200 per tonne to Rs. 400 per tonne. The proceeds of the NCEF are being used to finance projects under Green Energy Corridor for boosting up the transmission sector, Namami Gange, Green India Mission, Jawaharlal Nehr National Solar Mission, installation of SPV lights and small capacity lights, installation of SPV water pumping systems, SPV Power Plants and Grid Connected Rooftop SPV Power Plants.