Union Finance Minister Arun Jaitley has categorically stated that the Central Government has no plan to impose any tax on agriculture income. In a statement, Mr Jaitley said, he has read the paragraph in Niti Aayog's Report entitled 'Income tax on agriculture income'. <br/><br/>Obviating any confusion on the subject, the Minister said, as per the Constitutional Allocation of Powers, the Central Government has no jurisdiction to impose tax on agricultural income.
News On AIR | April 26, 2017 1:43 PM
Central Govt has no plan to impose any tax on agriculture income: Arun Jaitley