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    <title>Sitharaman extends tax sops to cooperative societies</title>
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    <description>Primary cooperative societies may now deduct profit and gains on supplies of cattle feed and cotton seed produced by their members. Inter cooperative dividend income will be deductible under the new tax regime to the extent it is further distributed to members, and a three year exemption applies to dividends received by a notified national cooperative federation on specified investments, provided those dividends are further distributed to member cooperatives. Cooperative tax slab rates remain unchanged.</description>
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    <pubDate>Sun, 01 Feb 2026 14:01:04 +0530</pubDate>
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      <description>Primary cooperative societies may now deduct profit and gains on supplies of cattle feed and cotton seed produced by their members. Inter cooperative dividend income will be deductible under the new tax regime to the extent it is further distributed to members, and a three year exemption applies to dividends received by a notified national cooperative federation on specified investments, provided those dividends are further distributed to member cooperatives. Cooperative tax slab rates remain unchanged.</description>
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