A STUDY ON THE ROLE OF TAX INCENTIVES IN PROMOTING GREEN ENERGY IN KARNATAKA
Ansu Anil Thomas Anil Thomas
Paper Contents
Abstract
Tax incentives are also important in the formulation of energy policies and ensuring sustainable development. Karnataka, which is among India's top renewable energy states, has put in place numerous tax incentives to boost investments in solar, wind, and other green energy sources. These incentives cover subsidies, accelerated depreciation allowances, exemptions from electricity duty, and property tax refunds for green energy projects. The research seeks to examine the efficiency of these incentives in stimulating green energy uptake, evaluate the extent of awareness by businesspeople and individuals, and discern hindrances in acquiring these benefits. Through comparison with other Indian states, the research also hopes to advise improvements to policy in order to boost the role of tax incentives to the development of renewable energy in Karnataka.
Copyright
Copyright © 2025 Ansu Anil Thomas. This is an open access article distributed under the Creative Commons Attribution License.