-The Times of India NEW DELHI: Amid a growing debate over issue of taxing farm income, eminent agriculture scientist M S Swaminathan on Saturday expressed his views against such tax and said other methods could be explored to tax rich farmers with multiple sources of the income. "I do not agree with tax on agriculture income since agriculture is the major source of livelihood for over 50% of our population. It is...
More »SEARCH RESULT
Total Matching Records found : 2047
Govt will not impose any tax on agriculture income, clarifies FM Jaitley -Arup Roychoudhury, Sanjeeb Mukherjee & Archis MoHAn
-Business Standard NITI Aayog says Debroy's views 'personal' Finance Minister Arun Jaitley said on Wednesday that the Narendra Modi government will not impose any tax on agriculture income. This came after Bibek Debroy, member of the Centre’s main think-tank, the NITI Aayog, seemed to suggest in an interaction with reporters on Tuesday that taxes should be imposed on farm income above a certain threshold to expand the tax base. The Aayog, however, said Debroy’s...
More »Ministry comes up with model APMC Act to integrate agri markets
-The Hindu Business Line Proposes single trading licence, single-point levy of market fee New Delhi: The Agriculture Ministry has come up with a new model Agricultural Produce Market Committee (APMC) Act proposing single-point levy of market fee across a State and a united single trading licence for cost-effectiveness of transactions. It has also suggested abolition of fragmentation of market with the State/Union Territory by removing the concept of notified market area insofar as...
More »Rival govts unite on sex test action -Arnab Ganguly
-The Telegraph Chandigarh: The chief ministers of neighbouring Punjab and Haryana have agreed to cooperate on action against sex determination centres, which are illegal, and female foeticide. Punjab chief minister Amarinder Singh of the Congress today responded to a Twitter appeal from his Haryana counterpart, Manohar Lal Khattar of the BJP, and ordered the Punjab health department and police to launch a crackdown on sex determination centres operating in Punjab. "I appeal to...
More »IMD predicts normal monsoon this year; sends positive signals to farm sector -Vishwa MoHAn
-The Times of India NEW DELHI: The India Meteorological Department (IMD), country's national weather forecaster, on Tuesday predicted normal monsoon rainfall for the year, sending a positive signal to the farm sector and the overall economy. "Even the distribution of the rainfall is expected to be good this year," said IMD chief KJ Ramesh, sounding quite optimistic about the prospect of having a good year for the country's agriculture. Good spatial distribution...
More »
