Tax on Agriculture Income Remains A Dream

Agriculture sector performance in the year 2010 remained average.

During the outgoing year 2009-10, the agriculture sector of the country grew by two per cent as against the target of 3.8 per cent. In the current financial year 2010-11, it looks difficult rather impossible to achieve the set target. The growth outlook for current FY in agriculture sector seems gloomy and is likely to be lower than the growth seen in FY09.

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