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A senior government official informed Business Standard that in the forthcoming Interim Budget on February 1, Union Finance Minister Nirmala Sitharaman is considering the introduction of further tax waivers or exemptions exclusively applicable to the Old Income Tax regime. The proposed measures may involve extending income tax exemption thresholds to around Rs 7 lakh and […]
Karnataka Authority of Advance Ruling (AAR) rendered, that there is no GST levied on the services of educating and training farmers towards agroforestry via scientific research and knowledge. The two-member bench of M.P. Ravi Prasad and T.Kiran Reddy sees that the petitioners via their mara Mitras, not only teach and train farmers with respect to […]
Prior to the protest demonstration of Apple growers in Shimla dated August 5, the government of Himachal Pradesh would have chosen a 6% subsidy on GST services that shall be given via the department of horticulture and HPMC to all the orchardists in the state who bought boxes and trays of Apple post to April […]
Chief Minister Basavaraj Bommai ensured the farmer leaders that he will see the need for exemption of the fertilizers, pesticides, drip irrigation material, and agro products from the GST net. Bommai specified that he will write to the center and press for the GST exemption in the interest of the farming community. He was talking […]
Peculiarly, the sector that sums up half of India’s employment – Agriculture, has been overlooked and Indian farmers have been sufferers of ineffective policy and its inept implementation under the Five-Year-Plans Regime. Since the beginning of the Five-Year-Plans era when the successive government entered the administration and numerous policy revamps have taken place since independence, […]
Defending the farmer society, Congress member Uttam Kumar Reddy pitched to the government to reduce the GST to zero on fertilizers and other agricultural machine markets. Uttam Reddy says, the GST rates on the cost of fertilizers and agricultural machinery should either be ‘Zero’ or on the lowest GST slabs. Proclaiming the circumstances of the […]
The new Goods and Services Tax Regime (GST) is being paid by the small and marginal farmers in Odisha to dig the wells under the MGNREGA schemes.
The Gujarat government has announced INR 85,557.7 crore annual development plan on Tuesday. The government has also allocated INR 40,288.52 crore for development of social services such as primary health services, education, drinking water, housing, nutrition, cleanliness, welfare of schedule caste, schedule tribes, socially and educationally backward, woman and child development. The proposed Budget for […]
The Andhra Pradesh Authority for Advance Ruling (AAR) held that Goods and Services Tax is leviable at 18% ( 9% Central Goods and Services Tax + 9% State Goods and Services Tax ) on brokerage charges by brokers, even when the produce is agricultural or exempt. The petitioner, M/s Gayatri Enterprises is a Commissioning Agent/Broker […]
