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Jaitley warns of action against tax evasion

News and Press Release - Dated:- 5-5-2016 - (PTI) Finance Minister Arun Jaitley today warned of action against those passing off income from other sources as agriculture income but ruled out levying any tax on farm earnings. Replying to the discussio .....

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act tough against those found to holding illegal offshore accounts as revealed in the Panama Papers leak under the recently passed stringent blackmoney law. In his hour-long reply, the Minister dwelt at length on the challenges facing the Indian eco .....

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e are two categories. One is honest agricultural income. You may have a large income which is a separate case. That is a rare case. But there are some cases where people are passing off income from other sources as agriculture income. That is a case .....

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