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Agricultural Equipment ? Recent Trends
by
Amit Paul
13 June 2012
The way Agricultural Machinery industry thrives largely depends on government policies. For instance prior to 2012, due to favourable taxation policies, purchase was a suitable option due to its lower after tax net present value (NPV). However, due to the reduction in tax subsidy from USD 500,000 to USD 25,000 effective January 2012, renting and leasing have become suitable alternatives.
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