Published Mar 24, 2026 3 Min Read

Introduction

Share buybacks have emerged as a popular corporate action in India, often used by companies to reward shareholders and optimise their capital structure. However, the taxation of buybacks has undergone a significant shift with the introduction of Budget 2026. This has left many investors, startup founders, and employees with questions about the implications on their tax outflows, reporting requirements, and post-tax returns.

Previously, companies bore the brunt of the buyback tax, making the process relatively straightforward for shareholders. However, Budget 2026 has redefined buyback taxation, moving the tax liability from companies to shareholders by categorising buyback proceeds as capital gains. This change has led to widespread confusion about how buyback transactions are now taxed and how to calculate the net returns.

In this article, we will break down the concept of share buybacks, the taxation rules before and after Budget 2026, and how these changes impact different types of investors.


 

What is Farmer ID and how it applies in Maharashtra

Meaning of Farmer ID

A Farmer ID is a unique digital code assigned to individual farmers, linking their personal information with land and agricultural data. This system ensures transparency, accurate record-keeping, and direct access to government benefits. By consolidating farmer data into one centralised platform, the Farmer ID simplifies processes like applying for subsidies, crop insurance, and other welfare schemes.

Farmer ID implementation in Maharashtra

Maharashtra has taken a significant step towards agricultural digitisation by introducing the MHFR portal under the AgriStack initiative. This platform integrates data from multiple sources, such as land records, Aadhaar, and crop details, to create a comprehensive database of farmers. With this system, farmers can receive benefits like PM-KISAN payments directly into their bank accounts, eliminating delays caused by manual processes.


 

Latest news and updates on Maharashtra Budget 2026: Big loan waiver for farmers and major development plans announced

The Maharashtra Budget 2026 brings important relief for farmers, including a loan waiver of up to Rs. 2 lakh under a new government scheme. The announcement focuses on easing financial stress for small and marginal farmers while encouraging long-term agricultural growth.

Presented on 06 March 2026 by Chief Minister Devendra Fadnavis, who also manages the state’s Finance portfolio, the budget outlines several measures to support rural communities. Key highlights include financial aid, solar energy support for farmers, and steps to improve agricultural productivity.

Apart from agriculture, the budget also emphasises infrastructure expansion, tourism development, and job creation. It includes plans to use modern technologies such as artificial intelligence in farming, aiming to strengthen the state’s economy and ensure balanced development across sectors.

Why Farmer ID is important for farmers in Maharashtra

Issues with traditional farmer records

In the past, farmers in Maharashtra faced challenges such as:

  • Duplicate or outdated land records
  • Delays in receiving government benefits
  • Complex paperwork for scheme applications
  • Lack of transparency in subsidy distribution

These inefficiencies often led to financial strain and frustration for farmers.

Objectives of Farmer ID in Maharashtra

The Farmer ID initiative addresses these issues by:

  • Ensuring direct benefit transfer (DBT) of subsidies and financial aid
  • Streamlining the application process for state and central government schemes
  • Reducing errors in land ownership and crop records
  • Enhancing transparency and accountability in the distribution of benefits

By registering for a Farmer ID, farmers can access government support more efficiently and focus on improving their agricultural productivity.


 

Is Farmer ID mandatory in Maharashtra in 2026?

Current status of mandatory requirement

As of 2026, registering for a Farmer ID in Maharashtra is not mandatory. However, it is highly recommended for farmers to register early. Doing so ensures uninterrupted access to government schemes and benefits in the future.

Impact on farmers without Farmer ID

Farmers who do not register for a Farmer ID may face challenges such as:

  • Delayed or denied access to schemes like PM-KISAN and crop insurance
  • Difficulty in availing subsidies and financial aid
  • Increased paperwork and manual processes

By registering now, farmers can avoid these issues and secure their eligibility for various benefits.


 

Eligibility criteria for Farmer ID in Maharashtra

Who can apply

The Farmer ID is available to:

  • Land-owning farmers
  • Tenant farmers
  • Sharecroppers actively involved in farming activities

Maharashtra-specific eligibility points

To register, applicants must meet the following criteria:

  • Possess valid 7/12 land records
  • Link their Aadhaar card to their application
  • Complete local verification through authorised officials


 

Documents required for Farmer ID registration in Maharashtra

Mandatory documents

To register for a Farmer ID, you will need:

  • Aadhaar card
  • Mobile number linked to Aadhaar
  • 7/12 land records

Documents for tenant or lease farmers

Tenant farmers and sharecroppers must also provide:

  • Lease agreements (if applicable)
  • Self-declaration forms verifying farming activities


 

How to register for Farmer ID online in Maharashtra

Step-by-step online registration process

Follow these steps to register for a Farmer ID via the MHFR portal:

  1. Visit the official MHFR portal.
  2. Click on the ‘Farmer Registration’ option.
  3. Enter your Aadhaar number for authentication.
  4. Fill in personal details such as name, address, and contact information.
  5. Upload mandatory documents, including 7/12 land records.
  6. Verify the entered details and submit your application.
  7. Note down the application reference number for future use.

Registration through CSC centres

Farmers without internet access can visit their nearest Common Service Centre (CSC) to complete the registration process. The CSC staff will assist with document uploads and application submission.

Farmer ID registration through Maharashtra government support

Role of agriculture offices and camps

The Maharashtra government conducts registration drives at village-level centres to help farmers complete their applications. These camps provide hands-on assistance with documentation and data entry.

Help available at taluka and district level

Farmers can also visit taluka or district agriculture offices for support. Dedicated officers are available to address queries and guide farmers through the registration process.


 

How to check Farmer ID status in Maharashtra

Online status check process

To check the status of your Farmer ID application:

  1. Visit the MHFR portal.
  2. Click on ‘Check Application Status’.
  3. Enter your Aadhaar number or mobile number.
  4. View the current status of your application.

What to do if status is pending or rejected

If your application is pending or rejected, you can:

  • Verify that all documents were uploaded correctly.
  • Re-submit the application with accurate details.
  • Visit your nearest agriculture office for assistance.


 

How to check Farmer ID list in Maharashtra

Village and district-wise lists

Farmers can access public lists of registered Farmer IDs through digital boards at village panchayats or by visiting the MHFR portal.

Reasons why name may not appear

If your name does not appear in the list, it may be due to:

  • Incomplete or incorrect application details
  • Mismatched Aadhaar information
  • Missing or unverified documents


 

How to download Farmer ID in Maharashtra

Download Farmer ID PDF online

To download your Farmer ID:

  1. Log in to the MHFR portal using your credentials.
  2. Navigate to the ‘Download Farmer ID’ section.
  3. Enter your application reference number.
  4. Download and save the PDF copy of your Farmer ID.

Details available on Farmer ID

Your Farmer ID will include:

  • Personal information (name, address, and Aadhaar number)
  • Land records (7/12 extracts)
  • Unique Farmer ID code


 

Benefits of Farmer ID for Maharashtra farmers

Access to state and central schemes

With a Farmer ID, you can easily avail of schemes like:

  • PM-KISAN
  • Crop insurance programs
  • State-specific subsidies for seeds, fertilisers, and equipment

Faster direct benefit transfer (DBT) and reduced paperwork

The Farmer ID ensures that financial aid and subsidies are transferred directly to your bank account, reducing delays and eliminating the need for extensive paperwork.

Long-term benefits

In addition to immediate benefits, the Farmer ID supports long-term initiatives for sustainable agriculture. It also simplifies the process of applying for financial products, such as home loans tailored for farmers.


 

Farmer ID and Linkage With Maharashtra Agriculture Schemes

Farmer ID in Maharashtra now acts as a single digital key that links state and central agriculture schemes, making delivery of benefits faster, cleaner, and more targeted.

Integration with PM-KISAN and crop insurance

Maharashtra’s AgriStack-based Maharashtra Farmer Registration (MHFR) system creates a unique Farmer ID that is mapped to Aadhaar, land records, and crop details. This ID is being made compulsory for accessing subsidies, PM-KISAN income support, and crop insurance from April 15, ensuring that only verified cultivators receive benefits and reducing duplication and fraud.scribd+3

For PM-KISAN, Farmer ID helps reconcile state farmer databases with the central registry so that eligible farmers who were earlier excluded can be brought into the benefit net more efficiently. For crop insurance (PMFBY and state schemes), plot-level crop and land data from AgriStack feed into the National Crop Insurance Portal and digital claim modules, enabling more accurate premium calculation, faster claim settlement, and direct transfer of compensation to the insured farmer’s bank account.

Future digital agriculture ecosystem

The Farmer ID is a core building block of India’s emerging digital agriculture mission, which is creating public digital infrastructure like AgriStack, geo-referenced village maps, and digital crop-survey datasets. As this ecosystem matures, Farmer ID can be used by agri‑tech startups and FPOs (with consent) to offer personalised advisory, input credit, precision-farming tools, machinery rentals, and market-linkage platforms based on verified land and crop profiles.agroinsurance+2

In Maharashtra, a unified Farmer Registry promises one-time, lifetime registration that can unlock a full stack of digital services—from soil health and weather-based advisories to e-market access and custom insurance products—anchored on a secure, trustable digital identity for every farmer.
 

Common Problems Faced During Farmer ID Registration in Maharashtra

Aadhaar and 7/12 mismatch

  • Name spelling difference between Aadhaar and 7/12 (extra initials, missing middle name, different surname sequence).
  • Gender, date of birth or address not matching between Aadhaar data and land records.
  • Land still in the name of a deceased ancestor, while Aadhaar is in the current cultivator’s name.

Practical fixes:

  • First update Aadhaar details at an authorised enrolment centre, then retry registration so the portal auto-fetches correct data.
  • If 7/12 is outdated, apply for mutation (ferfar) at the talathi office and get the updated 7/12 before linking.
  • Carry Aadhaar, PAN, ration card and old 7/12 copies to help the talathi reconcile name formats.

Mobile number not linked

  • OTP not received because Aadhaar or bank account has an old or inactive mobile number.
  • Multiple family members using the same mobile number, causing verification confusion.

Practical fixes:

  • Update mobile number in Aadhaar first; wait 24–48 hours and then attempt Farmer ID registration again.
  • Use a personal, long‑term number and avoid changing it frequently, as it is used for all scheme updates and OTPs.
  • If SMS still does not arrive, try at a CSC/Seva Kendra where network and browser settings are usually stabilised.

Technical issues on portal

  • Portal not opening, loading slowly, or crashing during peak hours.
  • OTP page timing out; upload errors for documents; unknown “server error” messages.

Practical fixes:

  • Try accessing the portal in off‑peak hours (early morning/late night) using an updated browser and strong network.
  • Clear browser cache, disable ad‑blockers, and switch from mobile data to broadband or Wi‑Fi if possible.
  • Take screenshots of the error and note timestamp, then call the official helpline or visit the nearest agriculture office/CSC to log a ticket and complete registration offline-assisted.

Conclusion

The Farmer ID initiative in Maharashtra is a significant step towards empowering farmers with streamlined access to government benefits and subsidies. By registering for a Farmer ID, you can simplify your farming operations, reduce paperwork, and secure your eligibility for various schemes. Take the first step today and ensure a brighter, more prosperous future for your farm and family.

Frequently asked questions

What is Farmer ID in Maharashtra

The Farmer ID is a unique digital identity linking farmers to their land and agricultural data, ensuring seamless access to government benefits.

Is Farmer ID mandatory for Maharashtra farmers?

While not mandatory in 2026, registering early is recommended to avoid future challenges.

How to register for Farmer ID in Maharashtra?

You can register online via the MHFR portal or visit a Common Service Centre (CSC) for assistance.

What documents are required for Farmer ID?

Mandatory documents include your Aadhaar card, mobile number, and 7/12 land records.

How to check Farmer ID status?

Visit the MHFR portal, enter your Aadhaar or mobile number, and view your application status.

How to download Farmer ID?

Log in to the MHFR portal and download the PDF version of your Farmer ID.

Can tenant farmers apply for Farmer ID?

Yes, tenant farmers can apply by providing lease agreements or self-declaration forms.

Why is my application pending?

Your application may be pending due to missing documents or incorrect details.

Is Farmer ID linked to PM-KISAN?

Yes, the Farmer ID integrates with PM-KISAN to ensure direct benefit transfers.

What happens if I do not apply for Farmer ID?

You may face delays or ineligibility for government schemes and subsidies.

Show More Show Less

Bajaj Finserv app for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.
For customer support, call Personal Loan IVR: 7757 000 000