Always keep all receipts from business activity. You may be able to write off more farm activities than you think.

But if your farm is a true small business, then it's important that you implement a tax strategy that maximizes your write-offs and minimizes your tax liability. The best way to do this is to ...

This month’s budget dedicated the funds for primary producers instantly to write-off spending on those farm infrastructure ... Barnaby Joyce and Small Business Minister Bruce Billson.

Of this, over Rs 2 lakh crore have been made since 2017. In FY15 Andhra announced to write off farm loans worth Rs 24,000 crore, in the same year Telengana too did so involving Rs 17,000 crore.

As of Jan. 1, business can no longer write off 100% of capital equipment expenses, like farm equipment. A full write off was allowed under the 2017 Tax Cuts and Jobs Act. Now, the deduction will ...

MUMBAI/NEW DELHI (Reuters) - India risks straining public finances and undermining already ailing state banks, economists said, after a $5.6 billion loan write-off for farmers in Uttar Pradesh and ...