In India the agriculture income is exempted from tax. Certainly
farmers should be relaxed from the taxes as much as possible. As farmers
interest should be maintained in the farming because only this way Indian population
can be fed. But why the matter of farm taxes are getting highlighted time to
time is because of the misuse of agriculture income tax exemption.
The reality is that most of the farm income is being shown
by those who has the primary income either from salary (for service class) or
from some kind of business. Most of these people are showing the agriculture
income just to get exempted from the taxes. Income from other primary source of
these people is huge. In most of the cases these people either earn money from wrong
means and to convert that money into white money they are trying to show this
money from agriculture income or to save taxes from the huge income from their
business.
On one hand government is concern to increase the farm
income, so that farming can be a profit
making business and farmers could live a better life and this is most challenging
part. But on other hand most of the people are showing their huge income on the
name of agriculture income which is unjustifiable. This is a contradiction that
several people are earning huge profit from the agriculture but several farmers
(who are belongs to real farming community) are compel to commit suicide due to
losses in agriculture.
If agriculture income is such a huge when these people are
not looking after the farms directly then why most of the farmers are struggling
even to get livelihood from the farming when they are directly involve in agriculture
and himself doing farming. So certainly showing huge agriculture income is a
suspected matter.
To decide the farm income, government can also either check
or take the declaration about all kind of income from those who are showing any
income from agriculture. This will define the real source of incomes. Anyway,
finally the government must not relax up to this much of taxes on the name of
agriculture income. For the taxes, government should ensure justice so that no
one should be exempted from the tax who wants to make their black money into
white (culprits).
One of the facilities
should be extended for the farmers that all the farmers and farm labors should
be covered in any special kind of life insurance scheme so that in case of any causality
or disability to any farmer or any farm labor, farmer’s family can get some
assistance.
But on the name of agriculture profit the tax exemption should not be provided.
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