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URBAN AGRICULTURAL LAND EXEMPTION
India-backed project clears nearly 198,000 sq m of mine-contaminated land in CambodiaIn Koh Kong province, approximately 198,000 square metres of land has been cleared of mines and returned to residents. This effort is part ...
Bengal FM pushes to scrap 1976 Urban Land ActWest Bengal's finance minister Swapan Dasgupta emphasized the need to repeal the Urban Land (Ceiling and Regulation) Act from 1976. He note...
Drought, fodder crisis push Latur farmers to harvest sugarcane for cattle feedFarmers in Latur district are facing a severe fodder crisis due to a lack of rainfall. Many are forced to harvest sugarcane crops to feed t...
Son sells ancestral land for Rs 8 crore, buys 2 more properties; gets income tax notice but wins at ITAT Chandigarh: Know whyA family from Panchkula owned some ancestral land in a village. A member of this family sold his share of the the said land for Rs 8 crore ...
West Bengal finance minister says Urban Land Act has to goSwapan Dasgupta highlighted the need to repeal the Urban Land Ceiling Act for development in West Bengal. Developers expressed challenges i...
From barren desert to red gold: Saffron cultivation debuts in LadakhLadakh has launched a pilot to grow high-value saffron on restored barren land in Leh, planting about 90,000 Iranian saffron corms across 4...
Palantir CEO Alex Karp quietly bought 37,000 acres in Sweden for $22 million; locals found out only after hunters got an unexpected emailIn a surprising move, Alex Karp, the CEO of Palantir Technologies, has acquired a substantial forested region in Härjedalen, Sweden, for 23...
Alex Karp bought 37,000 acres of Swedish forest for $22 million and local hunters could no longer lease the land - why wealthy buyers are looking beyond traditional assetsAlex Karp has acquired 37,000 acres of forest in Härjedalen, Sweden, for $22 million. This purchase has led to local hunters losing their l...
Jeff Bezos and Lauren Sánchez have donated about $4.7 billion so far. But it is still a drop in the bucket for the Amazon founderJeff Bezos and Lauren Sánchez have pledged an impressive $25 million to bolster ocean conservation initiatives across various Pacific natio...
HC asks if Parth Pawar did not benefit from Mundhwa land deal? grants pre-arrest bail to accusedThe Bombay High Court has raised concerns about the involvement of Parth Pawar in a disputed land transaction. Parth Pawar, who holds a 99 ...
Can a married daughter inherit government-allotted land? HC protects her rights under the Hindu Succession ActMarried daughter’s right in 3 bigha 2 biswas agri land granted by govt to her father protected by HC under Hindu Succession Act. Read this ...
In 1999, 17 wind turbines went up on a Minnesota soybean-and-cattle farm; farming continued as turbine leases provided additional incomeSince 1999, rural Minnesota farmers have harnessed wind turbines for financial stability. Each turbine's land lease can bring in between $2...
In 2003, 90 wind turbines went up across California farmland; crops and cattle stayed, while farmers continued using most of the landFarmers in Northern California are capitalizing on wind turbine leases as a supplementary revenue stream while continuing their agricultura...
SatLEO to launch India’s first thermal payload TAPAS-1 aboard SpaceX’s Falcon 9SatLeo cofounder Urmil Bakhai described the payload as a “thermometer for planet Earth”, which the company is looking to use across agricul...
Grain trader deposited Rs 5.2 crore cash in bank, filed ITR declaring Rs 7.65 lakh income, got unexplained deposit income tax notice; won case in ITAT Delhi for this reasonWhen Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs...
Maharashtra declares drought in 265 talukas or nearly three-fourths of state; announces relief measuresMaharashtra has declared drought in 265 out of 358 talukas due to significant rainfall deficits. The government announced various relief me...
Fruit seller deposited large amount of cash in bank, got income tax notice of unexplained income; won case in ITAT Bangalore for this reasonIn Bangalore, Mr. Ramachandrababu found himself facing an income tax notice over unexplained cash deposits in his bank account. However, hi...
Iraq seeks exemption from US ban on Iran airlinesIraq is currently negotiating with the United States for an exemption from the recent ban on Iranian airlines. This ban has caused signific...
Indian agriculture enters new phase as diets, incomes and climate reshape farming: ReportThe first phase, from roughly 1967 to 1995, was dominated by the need to achieve food security, says the paper.
My sister gifted me Rs 37 lakh from land sale. Will she have to pay income tax?ET Wealth Reader's Query: My sister and I received Rs 37 lakh each from the sale of agricultural land in our native place. She has gifted h...