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AGRICULTURAL INCOME TAXATION
India well-poised for rapid growth despite risks from West Asia war and El Nino: ITCDespite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This ...- No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...
- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
- Rs 400 crore agricultural income but no land: CBDT digs up names of rich ‘farmers’ without farmsTax authorities have uncovered a major scam involving fake agricultural income claims. Over 300 individuals claimed exemptions worth thousa...
- From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
- Bibek Debroy, the economist who once created a furore with proposal to tax farmersBibek Debroy, chairman of the Economic Advisory Council to the PM, passed away at 69. Known for his advocacy to tax agricultural income, De...
- Wealthy farmers must pay taxes: Closing the income gap for a fairer IndiaIndia plans to tax wealthy farmers to address economic inequality and generate revenue. This policy targets around 5 million farmers earnin...
- What is agriculture income, different types of Agriculture Income?Although agricultural income is exempt from tax under the Income-tax Act, it continues to be taxed in some specific states as per the respe...
- Simplify whole system of business taxation, says NITI Aayog member Arvind VirmaniResponding to a question on how he would compare the performance of the UPA government's ten years (2004-14) and the Prime Minister Narendr...
- Double taxation on Indian IT firms need to stop; bring amendment to DTAA regulation: India to AustraliaMinister of State for Commerce and Industry Anupriya Patel raised the important issue of DTAA regulation amendment during her meeting with ...
- Union Budget 2017 likely to be taxpayer-friendlyThe Budget may offer incentives and packages to boost consumption and accelerate growth, after reports that demonetisation had suppressed d...
- Should agricultural income be taxed?ET Wealth reached out to experts to see if they feel the government should bring agricultural income under the tax net.
- India to enter 8 per cent growth trajectory in 2-3 years: Niti AayogIn its 3-year draft action agenda, it has also stressed upon the need for reforms in taxation, agriculture and governance for accelerating ...
- Niti Aayog pegs GDP to grow 8%; bats for agriculture, tax reformsThe three-year draft action agenda released by the Aayog today stressed on reforms in taxation, agriculture and governance, among others wi...
- No proposal to bring big farm firms under tax net: GovtThe government on Monday said there is no proposal to bring the big agricultural firms under the tax net.
- Govt approves signing of MoU between India and South AfricaThe government on Thursday approved the signing of a Memorandum of Understanding (MoU) between India and South Africa on agricultural coope...
- Time to bring rich agriculturists within income, wealth tax netAgricultural income is totally exempt from tax for umpteen years. Strangely enough, no voices are raised regarding its taxation.
- Gimme Red: Left wants PC to bring the rural rich in tax netThis is one issue the Left wants the government to give the green signal to but will make millions across the country see red.
- Agri income from seeds may be taxedNEW DELHI: The government is considering amending the definition of 'agricultural income' in the Income-Tax Act by adding a provision to ex...
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