Abstract
In India, taxation constitutes a major portion of the government's revenue. But it is not levied on the agriculture sector, which comprises around 44% of the total workforce. So this research paper tries to answer the five questions: Can agricultural income be taxed? How will it be implemented if it is taxed? Progressive taxation or a fixed tax ceiling? Why is agricultural income wholly exempt from the Indian Income Tax Act? What are the benefits and threats of this implementation? How are people leveraging this exemption for their needs?
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More From: International Journal For Multidisciplinary Research
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