Tax on Farmers: Do farmers not have to pay income tax? Know the rules and ways of exemption - Business League

Tax on Farmers: Do farmers not have to pay income tax? Know the rules and ways of exemption - Business League

Income Tax Rules for Farmers: India is an agricultural country, where crores of people earn their livelihood from farming. But when it comes to tax, the question often arises whether farmers also have to pay income tax on their earnings ? Many people believe that income from farming is completely tax free, whereas in some cases farmers may also have to pay tax. In such a situation, it becomes very important to know what rules the government has …