Tax Agricultural Income like normal income. Many are earning in crores, let them pay tax.
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Agriculture income is currently tax free. Many persons are earning and lacs of rupees through this activity.
Why should only salaried class pay taxes? All should take part in India's development and growth....
Basic exemption should be provided. After that Slab rates should be introduced, like it is for salaried class.
Suggestion: Following slab rates could be bought in agricultural INCOME.
Upto 2.5 lacs - tax free.
Above 2.5 to 5 lacs - 10% tax
Above 5 lacs - 20% tax
Above 10 lacs - full 30% tax.
People are taking Agriculture on a large scale like a business. they should pay tax on these earnings.
"Sabka Saath Sabka Vikash"
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