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Searched Tag: ai firms
Telangana plans ‘people credits’ tax on AI firms to offset job losses, CM Revanth Reddy says, pitching policy at Harvard AI symposium.

T’gana plans people credits tax on AI firms to offset job losses

March 28, 2026, 02:22 PM - 3 min read

“We will try to bring policies similar to those on pollution, where polluting industries have to pay for carbon credits—we will introduce laws so AI firms can be taxed for ‘people credits’,” he said, adding, “It is only fair that companies with massive valuations compensate society for jobs that are lost.”

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