7 May 2024
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Milma seeks IT exemption for primary dairy cooperatives

Kerala’s apex milk cooperative Milma has appealed to the Union government to exempt primary dairy cooperatives from the purview of income tax after the government notified that cooperatives with more than ₹50 lakh turnover should come under tax deduction at source (TDS) for the amount exceeding ₹50 lakh.

Co-ops Must Not Lose Sight of Base Milk Price, Says IFA

IRELAND – Speaking after the first IFA National Dairy Committee meeting of 2020, Chairman Tom Phelan said the Committee had clearly identified a minimum 1c/l as a realistic and justified base price increase for January milk.