Sunday, April 1, 2012

Tax benefit for Green Buildings


Various governments across the world are thriving to support and help green movement spread across the people and so the government is deciding to lower taxes for buildings with green facilities.
For example:
In Mumbai, Maharashtra the government has made announcement that buildings with solar panels, water harvesting and various other green facilities will become a “must-have” in and around Maharashtra.
For making this happen, the government has promised to lower tax for such buildings. When this is approved, builders have to make it mandatory to provide solar panels, water harvesting, water recycling and use of high grade construction material with good insulation.

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