Agricultural Infrastructure Development Cess (AIDC):
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Cess is a kind of special-purpose tax which is levied over and above basic tax rates.
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The purpose of the new AIDC is to raise funds to finance spending on developing agriculture infrastructure.
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It was introduced in Budget 2021.
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The AIDC is proposed to be used to improve agricultural infrastructure aimed at not only boosting production but also in helping conserve and process farm output efficiently.