How the 5% Tax Cut on Tractors and Agri Machinery Will Benefit Farmers

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2025-09-06 05:59:45 -

Relief for Farmers with Lower Costs The recent decision to cut tax on tractors and agricultural machinery from 12% to 5% is a welcome step for farmers. By reducing the tax burden, the government has made it easier for farmers to invest in modern equipment without stretching their budgets. Impact on Tractor Price One of the most immediate effects of this tax cut is the drop in tractor...

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