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TAXING RICH FARMERS
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- Budget 2024: Govt can look at taxing rich farmers, says MPC member Ashima GoyalReserve Bank Monetary Policy Committee (MPC) member Ashima Goyal has suggested the possibility of imposing income tax on wealthy farmers to...
- PM's extensive budget consultations reserved only for crony capitalist friends: Rahul GandhiTaking it to Twitter, the Congress leader wrote: "Modi's "most extensive" budget consultation ever, is reserved for crony capitalist friend...
- Do rich farmers need tax exemptions?An RTI reply in 2016 had revealed that the average income of the 8 lakh taxpayers who had declared agricultural income in 2012 was Rs 83 cr...
- A Budget idea worth Rs 25,000 crore: Tax the rich farmerSince the government is already working to stop tax evasion through agriculture, will it also move to bring rich farmers in the tax net?
- 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.
- Rich farmers, watch out! Taxmen are coming for you with satellitesThe income tax department has shortlisted for scrutiny nearly 50 persons with suspicious farm income more than Rs 50 lakh each.
- Government should think about taxing rich farmers: Former RBI Governor Bimal JalanJalan, however, added that a very large proportion of the population has small farms and we should not do anything which can hurt them.
- Government has no plan to tax agriculture income: FM Arun JaitleyThe Finance Minister eased fears, following comments by a member of the NITI Aayog that farmers should be liable to pay tax on their income...
- States need to distinguish between rich and poor farmers: CEA Arvind Subramanian"Nothing prevents state govts from taxing agriculture income. The constitutional restriction is on central govt taxing agriculture income,"...
- Budget 2017: 3 new taxes that Modi government could introduce, but won'tVarious committees over the years have advocated widening of the tax base. The govt could explore three potential avenues. But will it?
- India's rich farmers may be holding more cash than the black money Mr Modi is hunting abroadTaxing rich farmers is politically dangerous. Many political leaders come from a farming background and have considerable land holdings.
- Budget 2013: A balanced budget in tough conditions, says CongressLauding Budget 2013, Congress dismisses criticism from Opposition and some allies that it was "anti-farmer and anti-poor".
- 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.
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