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AGRICULTURAL LAND CLASSIFICATION
Western Ghats: Karnataka CM moots ground survey, plot-level mapping to counter Kasturirangan draftKarnataka Chief Minister DK Shivakumar has proposed drone-based LiDAR and plot-level mapping of the Western Ghats to distinguish forests fr...- India's new eye in the sky: Everything to know about ISRO's GSLV-F17 launch of first geostationary imager on Sept 4India's space agency ISRO is preparing to launch its GSLV-F17 rocket soon. This rocket will carry the EOS-05 satellite into a specific orbi...
- NRI selling property, shares or gold in India? Here's how you can manage your capital gains tax in a better waySelling Indian investments triggers capital gains tax for NRIs, with rules varying by asset type. Property sales offer significant tax redu...
- Children can not have birthright to father’s self-acquired property even if he got it via gift, Will, family arrangement or partition in this case; Know what Mitakshara Hindu law saysA recent ruling clarifies children's birthright in inherited property. Mitakshara Hindu law states self-acquired property does not grant au...
- Commerce ministry notifies RoDTEP schedules to align with amended customs tariff structureThe commerce ministry has updated export duty remission schedules. This aims to simplify benefits for exporters. A Basmati and Organic Trai...
- 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...
- Priority sector lending: RBI asks HDFC, ICICI banks to make extra provisionsICICI Bank and HDFC Bank have been instructed by a regulator to make significant one-time provisions. ICICI Bank must set aside an addition...
- Man gets tax notice of Rs 18 lakh for buying land at low price, ITAT Ahmedabad quashes it; here's whyThe Ahmedabad branch of the Income Tax Appellate Tribunal has issued a pivotal judgment, reaffirming that agricultural land retains its sta...
- Flipping farm land for cash? ITAT’s ruling may close India’s oldest black money trickA tax ruling has cast a shadow on the practice of using agricultural land to launder money. The Income Tax Appellate Tribunal (ITAT) questi...
- Govt expands Oil Palm Scheme to Assam’s tea estates, say plantersThe Union Ministry of Agriculture and Farmers Welfare will extend the NMEO-OP scheme to Assam's tea estates for oil palm cultivation. This ...
- Documents needed to prove plot sold is agricultural land to avoid capital gains taxIf the land does not qualify as agricultural land, the capital gains thereon shall be taxable in the hands of an individual.
- All Assam Students' Union stages protests opposing Assam government ordinanceAASU stated that the ordinance will alienate indigenous people from their land. The supporters of AASU on Thursday burnt copies of cabinet ...
- Sebi to auction Sai Prasad Group's 200 properties next monthThe auction will be conducted on November 22.
- New transferable development rights rules hit landowners hardIn July 2017, the BBMP issued a notification announcing the acquisition in four villages along the Iblur junction-Sarjapur Road for another...
- Madras HC direction against re-classification of wet landsThe HC has directed Revenue Authorities of Madhuranthakam Taluk in Kancheepuram district to ensure that there are no re-classification of w...
- Over 46,000 bighas of agricultural land transformed in AssamOver 46,000 bighas of agricultural land have been transformed into non-agricultural category across Assam in the last 13 years.
- Land paucity in Assam cripples projects worth Rs 2k crIndustry has just used around 1500 hectares of land of Assam. This includes different kinds of industrial infrastructure set up by state an...
- Karuna invokes Tamil plank to seek people's supportAt the valedictory of the World Classical Tamil Conference, Karunanidhi had announced that 5 Genetic Heritage Garden would be established i...
- FM favours 6-10 multi-product SEZsArticulating his view that too many special economic zones (SEZ) lead to revenue losses, Finance Minister P Chidambaram said today that the...
- Classification norms for farm lending relaxedMUMBAI: The Reserve Bank of India has relaxed the non-performing asset classification norms for direct agricultural lending, enabling banks...
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