The Finance Ministry is consolidating environmental and infrastructure fees into a single green tax in the budget on Friday. Currently, the separate charges include a Rs 1.50/l pollution fee on fuel, Re 1/l green tax, road construction duties of 5–10%, and road maintenance charges of Rs 4/l on petrol and Rs 2/l on diesel.
The budget also wants industries and banks to deposit CSR funds into a government-designated account for priority sectors. FNCCI oppose this, arguing that the centralised fund could be misused. The law requires firms to allocate at least 1% of net profit to CSR.