Incentive insights: Navigating India’s energy transition

In the fourth episode of our ‘Incentive policies’ special series, we explore the dynamic landscape of incentives and policy benefits available for India's energy transition towards sustainability. Join our Indirect Tax Partner, Sagar Shah, as he unravels the intricacies of incentives, regulations, and subsidies that are likely to fuel the transformation of India Inc’s energy and sustainable agenda. From Production-Linked Incentives (PLI) to Carbon Credit Trading Scheme (CCTS), discover how these initiatives are reshaping the industry and propelling India towards a greener tomorrow.

Related topics Tax Tax compliance Tax accounting Tax controversy

In conversation with:

Sagar Shah

Sagar Shah
EY India Indirect Tax Partner

Key takeaways

Incentives play a crucial role in sustainability, categorized into performance-based, regulatory compliance, and recognition through branding and labeling, emphasizing their significance in promoting sustainable practices across various stakeholders.
Production-Linked Incentives (PLI) support large manufacturers in sectors like green hydrogen and solar, under the 'Make in India' initiative.
Indian states offer additional incentives such as loan subsidies and tax refunds to encourage sustainable investments.
Regulations ensure that high CapEx investments lead to effective energy transition and environmental protection.
Subsidy schemes provide benefits and support to both large organizations and individual sustainability contributors.
The Carbon Credit Trading Scheme and Green Credit Programme incentivize entities and individuals for positive environmental actions.

Incentives drive not just investment, but innovation and infrastructure, helping shape a sustainable future for India's energy landscape.

Partner, Indirect Tax, EY India

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Podcast

Duration 20m 30s

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In this series

(Event List - Manual)

Incentive insights: Decoding state incentives in Gujarat

In the third episode of our podcast series on incentive policies, we explore the exciting world of incentives available in Gujarat.

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Duration

09m 51s

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Incentives by States to bolster the growth of the tourism sector

In the second episode of our ‘ States incentives’ series, we explore the diverse landscape of incentives offered by different states for the tourism sector, including capital subsidies and tax reimbursements available. In this podcast, we also shed light on the eligibility criteria and the application process to avail such benefits.

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Duration

08m 52s

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Incentive insights: Maharashtra IT/ITES Policy and its impact on investment

In the inaugural episode of our ‘India state incentives’ series on EY India Insights podcast, we examine the revamped Maharashtra IT/ITES Policy 2023, exploring the impact it is likely to have on companies and investment opportunities in the IT sector in the state. Bhavesh Thakkar, Partner at EY India's Tax and Regulatory Services shares insights on the policy's coverage, eligibility criteria for incentives, and its unique approach toward incentivizing investments in emerging technologies. Join us as we take a comprehensive look at the various incentives that make Maharashtra an attractive destination for IT and ITES companies.

Podcast

Duration

12m 09s

Presenters

Full details

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