Search
PM Narendra Modi must walk the talk on reforms, tax agriculture income
April 27, 2017
- The Prime Minister has said that he will not hesitate in pushing tough reform measures to curb black money.
- Taxing agricultural income, which requires a constitutional amendment, could be a test case in this regard.
- Given that finance minister Arun Jaitley chose to reject the idea of taxing agricultural income despite chief economic advisor Arvind Subramanian’s suggestion in the last year’s Economic Survey to tax well off in the agricultural sector — it is highly unlikely that the government would agree to the NITI Aayog advice in its three-year action agenda of reviewing the tax exemption on agriculture income, in a hurry.
