FAQs on Agroforestry

The FAQs explain that agroforestry is a combination of practicing agriculture and forestry together on the
same unit of land. It is a traditional practice recognizing and promoting trees and/or livestock on farms in a special arrangement pattern. It focuses on the interaction and interdependence of various elements in nature rather than on individual elements.

Guidelines for charging Income-tax on life insurance policies

The new amendments state that any sum received under a life insurance policy issued on or after April 15, 2023, excluding unit-linked insurance policies, will not be exempt if the annual premium payable for any year during the policy’s term exceeds Rs 5,00,000.