Take advantage of scheme: Seruiratu
November 25, 2012 6:07 pm
Farmers living along the Korovou to Tavua corridor have been urged to take advantage of the new tax free initiative for the agriculture sector announced in the 2013 national budget.
There’ll be a 13-year tax holiday under the scheme for new investments in the agricultural sector and a 20-year tax holiday for people who set up new dairy farms in the region.
Agriculture Minister Colonel Inia Seruiratu says the region is rich in resources which should be fully utilized.
Seruiratu says government is creating an opportunity for the people to generate income to improve their living standards.
The tax free initiative is expected to create more employment and investor opportunities for towns in the region namely: Tavua, Rakiraki and Korovou.