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AGRI INCOME TAX
Iran war: Fuel price surge squeezes dairy, poultry value chainsIndustry officials say rising fuel costs, coupled with geopolitical disruptions affecting commodity markets, are squeezing farmer margins a...- FPOs hold promise for smallholders, but face structural constraints: StudyFarmer producer organisations (FPOs) are key to integrating smallholders in India, but they are constrained by scale, market access, financ...
- Buying agricultural land near a city? Key income tax rules you must knowAn ITAT ruling clarified that stamp duty valuation doesn't define agricultural land status for income tax. The tribunal emphasized that off...
- Consumer goods cos upbeat as GST tailwinds lift volumes in March quarterConsumer goods companies and retailers like Marico, Dabur India, and DMart reported a sales rebound in the March quarter, driven by volume ...
- Consumer goods cos keeps FY27 capex intact despite Iran war, rising crude and input costsDespite rising input costs due to the Iran war, leading consumer goods makers are maintaining their capital expenditure plans for FY27. Com...
- Deepak Fertilisers arm gets demand notice of Rs 226 cr from Income Tax deptDeepak Fertilisers' subsidiary, Mahadhan AgriTech Ltd, faces a Rs 226.32 crore penalty from the Income Tax Department for assessment years ...
- Taxman smells a scam in dubious agricultural income declarationA nationwide probe by the income tax department is investigating entities declaring agricultural income of ₹50 lakh or more without owning ...
- Family offices & LTCG tax; blue skies for startups in the redHappy Thursday! The budget proposals on capital gains tax and angel tax removal create a favourable situation for millionaire family office...
- No income tax on agri produce for next 2 fiscal years: Bengal FM Chandrima BhattacharyaPresenting the Finance Bill in the assembly, Bhattacharya said the current exemption period for agricultural income tax ends on March 31. S...
- Budget 2023 to support India's startup ecosystem: Piyush GoyalThe government on Wednesday proposed to extend the period of incorporation of eligible startups by one more year till March 31, 2024, for p...
- NCDEX wants govt to mandate banks to extend agri-credit only against eNWR in BudgetNCDEX said that the Commodity Transaction Tax (CTT) levied on processed agri commodities has increased impact cost of market participants.
- Food processing industry seeks 20% export sopThe high taxes on branded food products has led to an increase sale of food in loose form which is unsafe and unhealthy. This has also redu...
- Accretion of fresh NPAs has virtually stopped: Bibek DebroyDebroy said it was possible to scrap income tax and other direct taxes and replace them with indirect taxes but indirect taxes can never be...
- View: Budget 2018 to reduce the gap between rural Bharat and urban IndiaThe decision to raise tax exemption limit on interest income and increased deduction for healthcare insurance premium for senior citizens w...
- Budget focus on agri, rural; income tax rates, slabs unchangedWhile keeping the income tax rates and slabs unchanged, Jaitley introduced a Rs 40,000 Standard Deduction for salaried employees and pensio...
- Maharashtra occupies top slot in farmer friendly policies: NITI AayogThe Aayog's 'Agriculture Marketing and Farmer Friendly Reforms Index' was based on initiatives taken by the states in implementing farm sec...
- CTT delayed by procedural issuesThe imposition of CTT was announced by finance minister P Chidambaram during his presentation of the FY14 Budget in February.
- Budget 2013: Commodity punters will be forced to switch from gold to farm betsInvestors and punters in commodities will be forced to exit the futures market or shift part of their funds to agri commodity futures.
- Commodity exchanges unlikely to get infrastructure tagGovt is disinclined to accord an across-the-board infrastructure status for commexes and their subsidiaries as well as corporate houses tha...
- Agri income from seeds may be taxedNEW DELHI: The government is considering amending the definition of 'agricultural income' in the Income-Tax Act by adding a provision to ex...
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