Page 23 - Development Cess News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 get more attention from the government after the farmers’ protest against farm laws is resolve...

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 infrastructure and development cess is proposed in this budget to promote infrastructure in the agr...

Centre's 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 transparency of budget figures is arguably one of the most significant achievements of this year’s bud...

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 all classes of indirect taxes such a GST, Customs and even the no longer commonly applicable Central ...

'Petrol Rs 93 in Ram's India, Rs 51 in Ravan's 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 93 in ram’s India, Rs 53 in Sita’s Nepal and Rs 51 in Ravan’s Lanka". Rising fuel prices ...