https://www.taxtmi.com/news?id=19824 RBI guidelines allow banks to write off agricultural NPAs after provisioning for tax and capital optimisation, but borrowers remain liable and recoveries continue under legal mechanisms. No Union Government loan waiver scheme is currently in implementation; some States announced waiver schemes in 2016-2017. The 2008 Agricultural Debt Waiver and Debt Relief Scheme concluded its waiver and relief components by their scheduled closure dates. The Annexure summarizes reductions in agricultural NPAs due to write-off (including compromise) reported by Public Sector Banks for 2016-17 and April-September 2017. en-us Wed, 28 Mar 2018 16:17:23 +0530 Wed, 28 Mar 2018 16:17:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19824 RBI guidelines allow banks to write off agricultural NPAs after provisioning for tax and capital optimisation, but borrowers remain liable and recoveries continue under legal mechanisms. No Union Government loan waiver scheme is currently in implementation; some States announced waiver schemes in 2016-2017. The 2008 Agricultural Debt Waiver and Debt Relief Scheme concluded its waiver and relief components by their scheduled closure dates. The Annexure summarizes reductions in agricultural NPAs due to write-off (including compromise) reported by Public Sector Banks for 2016-17 and April-September 2017. News - Wed, 28 Mar 2018 16:17:23 +0530 https://www.taxtmi.com/news?id=19824