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Govt will not impose any tax on agriculture income, clarifies FM Jaitley

NITI Aayog says Debroy's views 'personal'

Arun Jaitley
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Arun Jaitley

Arup RoychoudhurySanjeeb MukherjeeArchis Mohan New Delhi
Finance Minister Arun Jaitley said on Wednesday that the Narendra Modi government will not impose any tax on agriculture income.

This came after Bibek Debroy, member of the Centre’s main think-tank, the NITI Aayog, seemed to suggest in an interaction with reporters on Tuesday that taxes should be imposed on farm income above a certain threshold to expand the tax base.

The Aayog, however, said Debroy’s views were ‘personal’ and not those of the Aayog.

It also said that taxing farm income is neither the view of the Aayog nor has such a recommendation been made anywhere in the draft