Budget 2022: Co-op societies get tax relief; will end injustice: Amit Shah
Cooperative societies will now have to pay a lower Alternate Minimum Tax, Finance Minister Nirmala Sitharaman announced on Tuesday, in a relief to the groups with members mostly from rural areas and the farming communities. AMT brings into the tax net companies or groups who, in spite of earning profits, pay “zero tax” due to […]
Government banks on larger agri credit pie in times of farm unrest
The budget sets the agricultural credit target at `16.5 lakh crore, up from `15 lakh crore in FY21 Finance minister Nirmala Sitharaman said, “We will focus on ensuring increased credit flows to animal husbandry, dairy, and fisheries”. Budget FY22 sets the agricultural credit target at `16.5 lakh crore, up from `15 lakh crore in […]