TaxTMI 
TaxTMI 
Tax Incentive for Promoting Post-Harvest Activities of Agriculture
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....ax Incentive for Promoting Post-Harvest Activities of Agriculture <br>Budget<br>Dated:- 1-2-2018<br><BR>In order to encourage professionalism in post-harvest value addition in agriculture, the Union M....
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....inister 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 presenting....
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.... 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 which prov....
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....ide 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 societies whic....
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....h 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 Yojana.<....
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....BR> News - Press release - PIB....