Dhruv Iyer, B.A. LL.B (Hons.), BML Munjal University, Haryana
ABSTRACT:
Tax is, as very commonly known, a process of governments across all the nations in the world to collect a certain portion of income from their citizens (as per their earning standards). This practice is backed by the purpose to aid the expenditure funds of the governments which they use to enable growth for the nation across various fields of development. In this paper, I shall be exploring the rationale behind exempting specifically the agricultural income from being taxed in India. I shall be using various credible analysis and opinions on the said focus of the paper to answer my research question as well as support my hypothesis, that is, my agreement for the proposal to include agricultural income within the taxable incomes.
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