Get Loan On Agriculture Land In India PNG. The purchased plot should be agricultural and located within a radius of 5 km of the farmer's. Union bank provides a complete suite for products and services of short / long term credit such as kisan credit card, crop loans, krishi loan, loan for agricultural the agriculture sector plays a major role not only in the economy of our country but also in providing livelihoods to millions of rural folk.
An agricultural land in rural india does not form part of the definition of a capital asset and hence, there will be no capital gains on the sale of such land.
To enable farmer to quickly meet their agricultural credit needs. India ranks second worldwide in farm outputs. The purchased plot should be agricultural and located within a radius of 5 km of the farmer's. Agriculture in india, india is an agriculturally developed country.