Union Budget 2026-27 Proposes Incentives for Cooperatives
The Union Budget for 2026-27, presented by the Finance Minister of India, Smt. Nirmala Sitharaman, includes several incentives for primary cooperative societies. These incentives involve tax deductions for the supply of cattle feed and cotton seed, inter-cooperative society dividend income, and a temporary exemption for dividends received by national cooperative federations. These measures aim to bolster support for cooperatives within the country.
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