Discussion
Statement: Should the income generated out of agricultural activities be taxed?
Arguments:
1. No. Farmers are otherwise suffering from natural calamities and low yield coupled with low procurement price and their income should not be taxed.
2. Yes. Majority of the population is dependent on agriculture and hence their income should be taxed to augment the resources.
3. Yes. Many big farmers earn much more than the majority of the service earners and they should be taxed to remove the disparity.
Answer: C
Clearly, if the income of farmers is not adequate, they cannot be brought under the net of taxation as per rules governing the Income Tax Act. So, I is not strong. Besides, a major part of the population is dependent on agriculture and such a large section, if taxed even with certain concessions, would draw in huge funds, into the government coffers. Also, many big landlords with substantially high incomes from agriculture are taking undue advantage of this benefit. So, both arguments II and III hold strong
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development