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TMI BlogTax Incentive for Promoting Post-Harvest Activities of AgricultureX X X X Extracts X X X X X X X X Extracts X X X X ..... Tax Incentive for Promoting Post-Harvest Activities of Agriculture X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ₹ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 presentin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g 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 pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vide 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 whi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ch 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. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... X X X X Extracts X X X X X X X X Extracts X X X X
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