• Krishna C J
• Shri Dhiyanesh N P
• Dimple Shivani
• Jerlin Jose

India, being a diverse country, the government requires a substantial amount of revenue to govern it, which is sourced from tax and non-tax sources. Currently, about 52% (7.44 lakh crores) of the tax revenue of the government is from tax on commodities and services i.e., the indirect taxes. Moreover, they are regressive in nature, thereby leading to inflation and social inequality. On the other hand, the tax on income or simply the direct tax, is progressive. However, the Income Tax Act, 1961 exempts agricultural income from taxation. Though this clause benefits the rural agriculturalists with meagre income, it is mostly exploited by large scale farmers and agriculture companies, which is not the intended outcome of the clause. This research paper throws light on the probable taxation of agricultural income and its impact on government revenue and other taxpayers.

Progressive, Regressive, agricultural income, tax on commodities and services, tax on income

"THE TAXATION ON AGRICULTURAL INCOME IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.1-11, November-2018, Available :http://www.jetir.org/papers/JETIRM006001.pdf

"THE TAXATION ON AGRICULTURAL INCOME IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp1-11, November-2018, Available at : http://www.jetir.org/papers/JETIRM006001.pdf