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Animal Husbandry News

Farmers, Fishermen, Animal Husbandry To Get Concessional Loans, Emergency Working Capital

In the second tranche of announcements towards the Aatma Nirbhar Bharat Package as relief towards the COVID-19 crisis, Finance Minister Nirmala Sitharaman on Thursday announced concessional credit boost for 2.5 crore farmers. In the special drive, farmers who are existing beneficiaries ...

Animal Husbandry And Fisheries Budget Allocation

In the Interim Budget 2019 speech, finance minister Piyush Goyal said that the allocation for Rashtriya Gokul Mission was increased to Rs 750 crore in the current year. The 'cow welfare' mission was introduced in 2014 to conserve and develop indigenous ...

Is animal husbandry treated as agricultural income and hence tax free?

Animal husbandry or rearing animals for selling them is not considered as agricultural income and hence the income derived from animal husbandry is not tax free. Agricultural income is tax free and the income from agriculture need not be added to ...