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No plan to tax agricultural income: Jaitley
April 26, 2017

The central government has no plan to impose any tax on agriculture income, Finance Minister Arun Jaitley said today.

His comment comes in the wake of NITI Aayog recommending the levy of tax on agricultural income above a certain threshold.

Jaitley today clarified that as per the constitutional allocation of powers, the central government has no jurisdiction to impose tax on agricultural income.
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