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Budget 2018: Why Arun Jaitley can afford to tax super-rich farmers and raise Rs 25,000 crore - Cheap Mortgages
According to Economic Survey 2016-17, there is 5.38 crore personal income taxpayers in the country. They reported gross annual income in excess of 18 lakh crore for the financial year 2013-14. In contrast, over 4 lakh taxpayers claimed exemptions on their income from agriculture the same year. A total of 2,746 farmers reported an annual …