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Source: Live Mint So, what exactly makes land ‘rural’ in the eyes of the taxman? The answer lies in a set of specific conditions that could mean the difference between zero tax and a hefty capital gains bill. What is rural agricultural land? To be considered rural agricultural land, the property must not be located…
Source: Live Mint Driving agricultural growth and productivity is a key focus for the government, finance minister Nirmala Sitharaman said in her Budget speech. According to her, the journey towards Viksit Bharat will be powered by four pillars: agriculture, MSMEs, investment, and exports. The minister announced a National Mission on High Yielding Seeds to enhance…
Source: Live Mint The Narendra Modi government announced tax cuts for the middle class in today’s Union Budget, putting about $12 billion more in their pockets, to spur consumption spending. Indians with an annual income of up to ₹12 lakh will effectively be exempt from paying income tax now as Finance Minister (FM) Nirmala Sitharaman…
Source: Live Mint Agriculture contributes to 17 per cent of global Gross Domestic Product (GDP) and is the single largest source of employment in India, making innovations in this space critical for growth of the nation. The country’s smallholdings farmers face significant challenges owing to pest infestations, shrinking yields, financial constraints and the increasing impact…
Source: Live Mint Mint is thrilled to introduce the All About AI Tech4Good Awards, sponsored by Salesforce, that recognizes the most impactful and creative uses of Artificial Intelligence (AI) in driving impact and social good. This unique initiative will conclude with a grand awards night in Mumbai, uniting industry leaders, technologists, and AI experts to discuss how…
Source: Business Standard 3 min read Last Updated : Oct 10 2024 | 3:18 PM IST Hercules Hoists share price hit a new high of Rs 710 on the BSE today, surging 12 per cent in Thursday’s intraday trade, ahead of the demerger record date on Friday, October 11, 2024. The company has…
Source: Business Standard 3 min read Last Updated : Oct 01 2024 | 3:28 PM IST Hercules Hoists record date news: Hercules Hoists (HHL) share price was locked in the 20-per cent upper circuit at Rs 621.30 on the BSE on Tuesday. Hercules Hoists share was locked in the upper circuit band after the…
Source: Business Standard RBI DG Swaminathan Janakiraman 2 min read Last Updated : Sep 16 2024 | 7:13 PM IST Since traditional lending practices have limitations in catering to the needs of the agricultural sector, which is inherently seasonal, with returns often delayed or reduced, innovative financial solutions that are flexible and tailored to…
