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This new law provides five types of exemptions, including, among others, exemptions for eligible agricultural pollution, pollution from transportation, and pollution from sewage and household waste. Taxpayers may also enjoy a 25% reduction in return for cutting down their air and water pollution by 30% or more, below the proscribed level. [19] [29]
The increasing interest in water reuse and more stringent regulations regarding water pollution are currently accelerating the implementation of AOPs at full-scale. There are roughly 500 commercialized AOP installations around the world at present, mostly in Europe and the United States .
The Income Tax Department is the central government's largest revenue generator; total tax revenue increased from ₹ 1,392.26 billion (US$16 billion) in 1997–98 to ₹ 5,889.09 billion (US$67 billion) in 2007–08. [3] [4] In 2018–19, direct tax collections reported by the CBDT were about ₹ 11.17 lakh crore (₹11.17 trillion). [5]
Nonpoint sources are the most significant single source of water pollution in the United States, accounting for almost half of all water pollution, [1] and agricultural runoff is the single largest source of nonpoint source water pollution. [2] This water pollution has a number of detrimental effects on human health and the environment.
A market-based tax approach determines a maximum cost for control measures. This gives polluters an incentive to reduce pollution at a lower cost than the tax rate. There is no cap; the quantity of pollution reduced depends on the chosen tax rate.
The difference with water pollution, however, is that the problems that cause local water quality issues differ from those that create regional air pollution problems. Discharges into water are difficult to measure and effects are dependent on a variety of other factors and vary with weather and location.
A stormwater fee is a charge imposed on real estate owners for pollution in stormwater drainage from impervious surface runoff.. This system imposes a tax that is proportional to the total impervious area on a particular property, including concrete or asphalt driveways and roofs, that do not allow rain to infiltrate.
A conventional pollutant is a term used in the USA to describe a water pollutant that is amenable to treatment by a municipal sewage treatment plant. A basic list of conventional pollutants is defined in the U.S. Clean Water Act. [1] The list has been amended in regulations issued by the Environmental Protection Agency: biochemical oxygen ...