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Tax Incentive for Promoting Post-Harvest Activities of Agriculture

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..... Tax Incentive for Promoting Post-Harvest Activities of Agriculture - Budget Dated:- 1-2-2018 - News - In order to encourage professionalism in post-harvest value addition in agriculture, the Union .....

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..... Minister for Finance and Corporate Affairs, Shri Arun Jaitley proposed to allow hundred per cent deduction to companies registered as Farmer Producer Companies and having annual turnover up to ₹ .....

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..... ; 100 crores in respect of their profit derived from such activities for a period of five years from financial year 2018-19. This was announced by the Finance Minister Shri Arun Jaitley while presenti .....

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..... ng the General Budget 2018-19 in Parliament here today. The Finance Minister mentioned that at present, hundred per cent deduction is allowed in respect of profit of co-operative societies whi .....

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..... ch provide assistance to its members engaged in primary agricultural activities. Over the last few years, a number of Farmer Producer Companies have been set-up along the lines of co-operative societi .....

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..... es which also provide similar assistance to their members. Thus, Shri Jaitley said, such tax incentive will encourage Operation Greens mission announced earlier and it will give a boost to Sampada Y .....

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..... ojana. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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