https://www.taxtmi.com/news?id=52404 The EU's Carbon Border Adjustment Mechanism on carbon intensive imports risks revenue outflows and reduced household consumption in India, concentrated in iron and steel, aluminium, cement and fertilisers. A domestic carbon tax that retains revenue domestically largely offsets those losses by funding targeted household compensation, green subsidies and industrial decarbonisation. A hybrid approach halves rates and splits revenue retention, while the CBAM only scenario yields the largest external revenue transfer and welfare impact. en-us Wed, 13 Aug 2025 16:16:04 +0530 Wed, 13 Aug 2025 16:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52404 The EU's Carbon Border Adjustment Mechanism on carbon intensive imports risks revenue outflows and reduced household consumption in India, concentrated in iron and steel, aluminium, cement and fertilisers. A domestic carbon tax that retains revenue domestically largely offsets those losses by funding targeted household compensation, green subsidies and industrial decarbonisation. A hybrid approach halves rates and splits revenue retention, while the CBAM only scenario yields the largest external revenue transfer and welfare impact. News - Wed, 13 Aug 2025 16:16:04 +0530 https://www.taxtmi.com/news?id=52404