New
Delhi: The Indian Institute of Finance director, Mr J D Agarwal,
on Sunday advocated the inclusion of presumption tax on agriculturalists
owning more than 20 hectares. Presenting his papers at seminar on
'Resources mobilistion, including tax reforms,' he said there was
no justification for the imposition of an agricultural income tax
in generals as about 70 per cent of agriculturalists owned less
than five hectares, and 15 per cent owned between 5 and 20 hectares. |
