Environment

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  1. 5% of revenues accruing to SamayLa will be allocated for growing trees.
  2. It is an internal matter and can be changed at any point in time. Nonetheless, this amount will not be refunded back as highlighted in the Refund policy.
  3. As all taxes will still be paid towards this amount. The management has the full authority to use this money in any which way it likes or deems necessary. That is to say, the SamayLa management is in no way bound to spend this money on 'growing trees' as full taxes are being paid. Nonetheless, an annual report will be made public in the month of April every year about how this money was allocated and used. Again, the management does not want to be bound and can choose to disclose or not disclose as per how it feels.
  4. The above clauses have been placed as the management wants full freedom to do the best it can, under the circumstances, without it's initiatives being curtailed by the laws, rules and regulations which come out of tax benefits from such activities. Which is the reason why it has chosen to pay taxes in full on this amount.
  5. Having said that, the management feels that this is an important initiative and will strive to do the best it can to further this initiative of growing trees.

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