Tax exemption on poultry, mushroom, seed, floriculture, horticulture etc. farms
Jul 1, 2015
SRO no.199/AIN/Income Tax/2015
The government allows reduced tax rate for income generated from poultry feed production, seed production, floriculture, horticulture etc. in the following manner:
- First 10 lakh – 3%,
- Next 20 lakh – 10%, And
- rest of the income -15%
