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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

India Should Use Calibrated Retaliatory Measures To Deal With EU's Carbon Tax: GTRI

The imposition of carbon tax is expected to disrupt global supply chains, increase trade costs, render free trade agreements meaningless, and impose a significant compliance burden on businesses

By PTI 22/09/2023

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
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