Agricultural Income
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No Plan To Tax Agricultural Income; Rich Farmers Very Rare: Arun Jaitley
Finance Minister Arun Jaitley has said the government has no plans to tax agricultural income, including that of prosperous farmers, saying a rich farmer is "a very rare institution" and not the norm. In an interview to news agency PTI, he said the farm sector is in distress and there was no question of taxing agricultural income.
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Why Not Tax Rich Farmers, Asks Economic Adviser Arvind Subramanian
The Centre doesn't have the power to impose a tax on agriculture income but it doesn't mean that it can't have a view. On Friday, Chief Economic Adviser Arvind Subramanian waded right in the middle of a raging debate on the topic, batting for introduction of a tax on farm income.
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No Plan To Tax Agricultural Income; Rich Farmers Very Rare: Arun Jaitley
Finance Minister Arun Jaitley has said the government has no plans to tax agricultural income, including that of prosperous farmers, saying a rich farmer is "a very rare institution" and not the norm. In an interview to news agency PTI, he said the farm sector is in distress and there was no question of taxing agricultural income.
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Why Not Tax Rich Farmers, Asks Economic Adviser Arvind Subramanian
The Centre doesn't have the power to impose a tax on agriculture income but it doesn't mean that it can't have a view. On Friday, Chief Economic Adviser Arvind Subramanian waded right in the middle of a raging debate on the topic, batting for introduction of a tax on farm income.
