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I’m not talking about baby stuff like PPF or NPS, but big game like buying agricultural land, parking money offshore etc.
the problem is farmers are not educated or smart. this needs to be solved. and then they need to be taxed.
Paying income tax in India = subsidising crooks and freeloaders. High time someone files a PIL about this.
2. Even the big farmer (10+ acres of land) makes little more than merely Rs 30,000 per month as a household.
3. The figures shared above are not merely farming incomes, but incomes of a farming household. They represent all income made by those families. As per the survey, only about a third of the income actually comes from agrarian activity.
Yet, partners at law firms like you (some of who might have been batch mates with me - graduated from a top law school in early 2000s) come to a public site and put your miseries on the same level as the farmers of India. Shame on you.
If you think there is such profits in farming, aap kar lijiye! Chalo chodd, aapse nahin hoga - aap karaa lijiye!! The truth is aap iss layak bhai nahi hain.
* National Sample Survey for the uninitiated.
# This means a family of four.
https://www.legallyindia.com/convos/topic/162826-Income-tax-for-lawyers
https://www.legallyindia.com/convos/topic/215754-Taxes-to-be-paid-as-a-T1-lawyer
https://www.legallyindia.com/convos/topic/207569-50-standard-tax-deduction-for-professionals-please-help
https://www.legallyindia.com/convos/topic/186351-Presumptive-Taxation-of-Lawyers
https://www.legallyindia.com/convos/topic/207236-How-much-tax-do-we-need-to-pay-
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