<p> <br />The Bill intends to bring in an amendment to the section 98(a) and 98(b) of Karnataka Forest Act, 1963 for this purpose. There is a provision to impose interest on arrears towards the sales tax and income tax, but not for the Forest Development Tax.<br /><br />However, the Bill does not specify the rate of interest the government is planning to impose.<br /></p>
<p> <br />The Bill intends to bring in an amendment to the section 98(a) and 98(b) of Karnataka Forest Act, 1963 for this purpose. There is a provision to impose interest on arrears towards the sales tax and income tax, but not for the Forest Development Tax.<br /><br />However, the Bill does not specify the rate of interest the government is planning to impose.<br /></p>
