Question
What tax incentive was newly extended to primary cooperative societies under Budget 2026-27, in addition to existing deductions for milk, oilseeds, fruits, and vegetables?
Solution
Budget 2026-27 extended tax deductions to primary cooperative societies supplying cattle feed and cotton seed, adding them to the existing list of milk, oilseeds, fruits, and vegetables. This expansion broadens the cooperative tax incentive framework and supports allied agricultural activities.
More Current Agriculture Questions
- Sigatoka is associated with
- Which government agency is responsible for developing tradable parameters on e-NAM?
- Under PM Surya Ghar: Muft Bijli Yojana, how many rooftop solar installations are planned?
- According to the 2nd Advance Estimates of Production (2nd AEP) for 2025-26, what is the projected total foodgrain production?
- A blue print for action is:
- As of the 2025-26 season, for how many crops does the Government of India announce Minimum Support Price (MSP)?
- Horticulture production in 2024-25 stood at 362.08 MT. What approximate share of agricultural GVA does the horticulture sector contribute?
- Ragi is rich source of
- Which crop saw the HIGHEST per quintal minimum support price (MSP) increase for the 2026-27 Rabi marketing season?
- Nitogenase is an important enzyme for nitrogen metabolism and catalyzes nitrogen fixation. However, it is an oxygen labile enzyme. Which of the following p...
