Page 12 - Development Cess News Today

Getting the Investment-Subsidy Mix Right in Indian Agriculture Corporate investment in agriculture is only 3% of the total investment. This needs to change in the years ahead. Agricultural workers in a field. Credit: Ricardo Martins/Wikimedia Commons Government05/Feb/2021 Investment, rather than subsidies, is the major theme of Budget 2021-22. For the agriculture sector also, there has been a reduction in allocations under several schemes. It is possible that investment in agriculture will also...

Finance Secretary Ajay Bhushan Pandey explains agri cess, says agriculture should become more productive By Shailesh Yadav | Updated: Feb 04, 2021 16:02 IST New Delhi [India], February 4 (ANI): Surprising many, in the recent Union Budget government came up with an Agriculture Infrastructure and Development Cess (AIDC) instead of COVID-19 cess. Finance SecretaryAjay Bhushan Pandey in an exclusive interview to ANI explains the reason behind it. "This critical...

Centres Allocation to Rural Economy Paints a Nuanced Picture of its Commitment While the government is not diluting its focus on agriculture and rural development, some operational problems could surface with such a pattern of allocations. Farmers cultivate peas on a farm at Devi Dass Pura village, on the outskirts of Amritsar, Monday, Feb. 1, 2021. Photo: PTI Budget 2021 has been profusely welcomed by pink media, stock market and most “expert” commentators. The move towards transpar...

Budget 2021: Multiple amendments to change course of indirect taxes The text of the Finance Bill, 2021 reveals that the cess is dedicated for “purposes of financing the agriculture infrastructure and other development expenditure”. Mukesh Bhutani Representative image (PC- MoneyControl.Com) The Finance Minister’s announcements on February 1, 2021 have been large and widespread. There are substantial changes in the text of tax laws which affect a...

Petrol Rs 93 in Rams India, Rs 51 in Ravans Lanka: Subramanian Swamy takes a jibe at Centre Subramanian Swamy attacks centre, says, "Petrol Rs 93 in ram’s India, Rs 53 in Sita’s Nepal and Rs 51 in Ravan’s Lanka". Share Updated: Feb 3, 2021, 01:26 PM IST Just a day after the Union Budget 2021, Rajya Sabha MP Subramanian Swamy took to Twitter on Tuesday (February 2) to take a jibe at the steep petrol prices in India.Unhappy with the exorbitant fuel prices. Swamy tweeted, "Petrol Rs...

  Swamy who is known for ‘no-nonsense’ approach when it comes to expressing his views, is apparently not happy with the Meanwhile, petrol and diesel prices in the metro cities remained unchanged for the sixth consecutive day. In Delhi and Mumbai, the petrol prices are at Rs 86.30 and Rs 92.86 per litre respectively.  Diesel, on the other hand, was steady at Rs 76.48  per litre in the national capital and Rs 83.30 per litre respectively, the highest among all four metros. Earlier on Mon...

Finance Secretary Ajay Bhushan Pandey talking to ANI in New Delhi (Photo/ANI) Agri cess will not impact alcoholic beverages, hike in customs duty not to impact price of cars: Finance Secretary ANI | Updated: Feb 03, 2021 22:21 IST By Shailesh Yadav New Delhi [India], February 3 (ANI): Agriculture Infrastructure and Development Cess (AIDC), a new cess announced in union budget 2020-21 will not lead to increase in the price of alcoholic beverages, Finance Se...

Budget will enhance growth in manufacturing, trade: Commerce Secy By IANS|   Published: 3rd February 2021 3:35 pm IST New Delhi, Feb. Feb 3 : The Budget for 2021-22 extensively and comprehensively envisages several initiatives and areas of focus, aimed at enhancing India’s overall competitiveness and manufacturing capacities, which would enable growth, diversification and technological enhancement of India’s exports, Commerce Secretary Anup Wadhawan said on Wednesday. These cover both eas...

Updated Feb 02, 2021 | 15:31 IST Retail prices of petrol and diesel on Tuesday remained unchanged as oil marketing companies (OMCs) took cognizance of the fact that additional duty has been offset by an equal cut in excise duty rates Know how Budget 2021 has impacted petrol, diesel price&nbsp New Delhi: Finance Minister Nirmala Sitharamans Union Budget 2021 proposed an Agricultural Infrastructure and Development CESS of Rs 2.5 per litre on petrol and Rs 4 on diesel. Howev...

Union Budget 2021: Tamil Nadu farmers not excited The farming community in the State is a disappointed lot as the Union Budget has failed to address their issues. Share Via Email   |  A+A A- By Express News Service The farming community in the State is a disappointed lot as the Union Budget has failed to address their issues. Most of them expected a one-time farm loan waiver following the Covid and related lockdowns. Sami Natarajan, state secretary of the Tamil Nadu Farmers’ Associ...