With respect to the direct tax proposals, the budget has stipulated streamlining of income tax return filings with electronic verification and provision for quick refund mechanism (within 24 hours).
Under the 'Pradhan Mantri Kisan Samman' which was announced in yesterday's Budget speech, farmers holding cultivable land of up to 2 hectares will be provided Rs 6,000 per year.
PS Masilamani, a farmer from Tiruvarur told Express that the Government says the new income support would help to avoid indebtedness.
MoS Agriculture Parshottam Rupala didn't clarify whether the package would be part of the upcoming Budget.
Wild and stray animals were causing major damage to the crops of the farmers due to which at times farmers have even stopped cultivation.
The government’s ambitious minimum support price scheme to improve farmers’ income has hit a roadblock as Niti Aayog missed the deadline to suggest a viable procurement model.