Jaitley says no plans to impose any tax on agricultural income

     Written by : SMTV24x7 | Wed, Apr 26, 2017, 02:12 PM

Jaitley says no plans to impose any tax on agricultural income

New Delhi April 26: Finance Minister Arun Jaitley said that the GOVY has no plans to impose any tax on agricultural income, he said here on Wednesday.

He took his twitter handler that "I categorically state that the Central government has no plan to impose any tax on agriculture income," Jaitley said in a tweet.

He clarified in the tweet that the Centre has no constitutional authority to tax agricultural income.



"On expanding the base on the personal income tax side, other than elimination of exemptions, is to also tax rural sector, including agriculture income above certain threshold," Debroy said one of the member of NITI Aayog