Tax Income From Agriculture Above 10 Lakhs
This petition had 5 supporters
The Government of India is regularising the subsidies/grants from generalised distribution system to specific distribution system.
This petition is to raise an awareness on blanket exemption for agricultural income. This is one of the main sources of black money. Many black money persons invest in agricultural land - some not using them - (reason for rise in agricultural land price) and finally claiming crores as agricultural income and convert black money into white.
Solution: Charge income tax on income from agriculture above 10 lakhs. If 10 lakhs is too low a barrier for political support than go higher, target 20 lakhs or 30 lakhs & above but put a ceiling. Start somewhere. The small farmers are already taken care of and farmers with less than 10 lakhs will be taken care of by this rule. Do not target only bussinesses from manipulating their income.
Today: Parag is counting on you
Parag Agarwal needs your help with “Prime minister of india: Tax Income From Agriculture Above 10 Lakhs”. Join Parag and 4 supporters today.