What about money laundering done by Rich / Super Rich Farmers ?
They do not pay any tax .
Money laundering of ftheir other incomes as agricultural income.
Income Tax exemptions are only for Actual Tillers ( Plough Weilders ).
But , in states like Punjab , Rich landlords give their land on Lease ( Theka ) to the landless cultivators.
These absentee landlords pocket the Theka money as Tax Free.
Govt should take against those Revenue officials ( Patwaris ) who show absentee landlords as actual tillers in the Girdawaris.
http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole
They do not pay any tax .
Money laundering of ftheir other incomes as agricultural income.
Income Tax exemptions are only for Actual Tillers ( Plough Weilders ).
But , in states like Punjab , Rich landlords give their land on Lease ( Theka ) to the landless cultivators.
These absentee landlords pocket the Theka money as Tax Free.
Govt should take against those Revenue officials ( Patwaris ) who show absentee landlords as actual tillers in the Girdawaris.
Many NRI s who have not set foot on India for many many years are shown as Tillers . They take the benefit of Free Electricity / other freebies while negotiating Theka s.
http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole
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