Let’s rewind to July 1st, 2017. It was just another morning for most of us, but for Indian businesses and policymakers, it was a major turning point. That was the day **GST—Goods and Services Tax—**came into action. And trust me, this wasn’t just any policy change. It was probably one of the biggest shake-ups India’s […]
INTRODUCTION There are a few popular beliefs in India that agricultural income is completely exempt from tax. While this holds somewhat true, the reality is far more complicated. The provisions regarding exemption from agricultural income under the Indian Income Tax Act have been viably and grievously abused as a loophole for tax evasion. Just among […]
