Income Tax Exemption
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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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Rs 2,490 crore of tax exemption to political parties in five years
Ten main political parties of the country had a whopping Rs 2,490 crore of tax-exempted income in the last five years, according to information from the Income Tax department through an RTI plea.
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Now tax relief for adopting an animal at Hyderabad zoo
In a unique effort to take care of animals and birds, the Nehru Zoological Park is implementing an animal adoption scheme for individuals, corporate houses and others, who can now claim I-T exemption under this scheme.
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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.
-
Rs 2,490 crore of tax exemption to political parties in five years
Ten main political parties of the country had a whopping Rs 2,490 crore of tax-exempted income in the last five years, according to information from the Income Tax department through an RTI plea.
-
Now tax relief for adopting an animal at Hyderabad zoo
In a unique effort to take care of animals and birds, the Nehru Zoological Park is implementing an animal adoption scheme for individuals, corporate houses and others, who can now claim I-T exemption under this scheme.
