Tax reforms: India’s agricultural income exemption needs a rejig
We should restrict companies from claiming this benefit meant for farmers as it’s clear that even multinational and public sector enterprises have found it useful. Also, removing anyone’s farm income above a certain level from the exempt category would reduce perceptions of inequity.
We should restrict companies from claiming this benefit meant for farmers as it’s clear that even multinational and public sector enterprises have found it useful. Also, removing anyone’s farm income above a certain level from the exempt category would reduce perceptions of inequity.