Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Rich Landowners Reap Billions From India Tax Loophole -Unni Krishnan    </title>
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Millionaire farmers are benefiting from measures intended to help poor farmers.


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    <h1 class="cat-box-title">Rich Landowners Reap Billions From India Tax Loophole -Unni Krishnan</h1>
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                            <div align="justify">-Bloomberg.com<br /></div><div align="justify">&nbsp;</div><div align="justify"><em>Millionaire farmers are benefiting from measures intended to help poor farmers.</em></div><div align="justify">&nbsp;</div><div align="justify">Stuffed animal heads adorn the walls of Kunwar Vikram Jeet Singh&rsquo;s mansion on the outskirts of Delhi, and he also owns a three-bedroom apartment in a gated condominium in the city. His children go to one of India&rsquo;s most exclusive private schools. Yet Singh doesn&rsquo;t pay income tax because he&rsquo;s a farmer.<br /><br />Singh is one of thousands of rich landowners who don&rsquo;t need to pay taxes thanks to laws designed to help the hundreds of millions of poor farmers who scratch a living from India&rsquo;s soil. The average Indian farmer has less than 2 acres (0.8 hectares) and most struggle to eat two meals a day. Singh&rsquo;s family farm has 100 acres.<br /><br />Worse still, some people are buying agricultural land to avoid paying taxes by declaring their earnings as returns from farming, opposition lawmaker Sharad Yadav told parliament in March. Citizens declared about $29 trillion worth of agricultural income in the year through March 2011. That&rsquo;s almost 15 times the value of India&rsquo;s economy.<br /><br />The figure was the result of a Right to Information request by a former tax officer Vijay Sharma, who says the number is probably a computation error and should be closer to 1 percent of GDP or $20 billion. Several requests for clarification from the government have gone unheeded, which pushed him to approach the courts. In the nine years through March 2016, Indians declared $21 billion as agricultural income, according to provisional data from the Revenue Department. The confusion, however, underscores the fog of uncertainty surrounding the estimates.<br /><br />Please <a href=" http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole" title=" http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole">click here</a> to read more. <br /><br /></div>                                                           
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    <br><a href="http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole" class="re" target="_blank">Bloomberg.com, 5 July, 2016, http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole</a><div class="clear"></div>
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    <h1 class="cat-box-title">Rich Landowners Reap Billions From India Tax Loophole -Unni Krishnan</h1>
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                            <div align="justify">-Bloomberg.com<br /></div><div align="justify">&nbsp;</div><div align="justify"><em>Millionaire farmers are benefiting from measures intended to help poor farmers.</em></div><div align="justify">&nbsp;</div><div align="justify">Stuffed animal heads adorn the walls of Kunwar Vikram Jeet Singh&rsquo;s mansion on the outskirts of Delhi, and he also owns a three-bedroom apartment in a gated condominium in the city. His children go to one of India&rsquo;s most exclusive private schools. Yet Singh doesn&rsquo;t pay income tax because he&rsquo;s a farmer.<br /><br />Singh is one of thousands of rich landowners who don&rsquo;t need to pay taxes thanks to laws designed to help the hundreds of millions of poor farmers who scratch a living from India&rsquo;s soil. The average Indian farmer has less than 2 acres (0.8 hectares) and most struggle to eat two meals a day. Singh&rsquo;s family farm has 100 acres.<br /><br />Worse still, some people are buying agricultural land to avoid paying taxes by declaring their earnings as returns from farming, opposition lawmaker Sharad Yadav told parliament in March. Citizens declared about $29 trillion worth of agricultural income in the year through March 2011. That&rsquo;s almost 15 times the value of India&rsquo;s economy.<br /><br />The figure was the result of a Right to Information request by a former tax officer Vijay Sharma, who says the number is probably a computation error and should be closer to 1 percent of GDP or $20 billion. Several requests for clarification from the government have gone unheeded, which pushed him to approach the courts. In the nine years through March 2016, Indians declared $21 billion as agricultural income, according to provisional data from the Revenue Department. The confusion, however, underscores the fog of uncertainty surrounding the estimates.<br /><br />Please <a href=" http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole" title=" http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole">click here</a> to read more. <br /><br /></div>                                                           
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    <br><a href="http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole" class="re" target="_blank">Bloomberg.com, 5 July, 2016, http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole</a><div class="clear"></div>
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Millionaire farmers are benefiting from measures intended to help poor farmers.


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    <h1 class="cat-box-title">Rich Landowners Reap Billions From India Tax Loophole -Unni Krishnan</h1>
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                            <div align="justify">-Bloomberg.com<br /></div><div align="justify">&nbsp;</div><div align="justify"><em>Millionaire farmers are benefiting from measures intended to help poor farmers.</em></div><div align="justify">&nbsp;</div><div align="justify">Stuffed animal heads adorn the walls of Kunwar Vikram Jeet Singh&rsquo;s mansion on the outskirts of Delhi, and he also owns a three-bedroom apartment in a gated condominium in the city. His children go to one of India&rsquo;s most exclusive private schools. Yet Singh doesn&rsquo;t pay income tax because he&rsquo;s a farmer.<br /><br />Singh is one of thousands of rich landowners who don&rsquo;t need to pay taxes thanks to laws designed to help the hundreds of millions of poor farmers who scratch a living from India&rsquo;s soil. The average Indian farmer has less than 2 acres (0.8 hectares) and most struggle to eat two meals a day. Singh&rsquo;s family farm has 100 acres.<br /><br />Worse still, some people are buying agricultural land to avoid paying taxes by declaring their earnings as returns from farming, opposition lawmaker Sharad Yadav told parliament in March. Citizens declared about $29 trillion worth of agricultural income in the year through March 2011. That&rsquo;s almost 15 times the value of India&rsquo;s economy.<br /><br />The figure was the result of a Right to Information request by a former tax officer Vijay Sharma, who says the number is probably a computation error and should be closer to 1 percent of GDP or $20 billion. Several requests for clarification from the government have gone unheeded, which pushed him to approach the courts. In the nine years through March 2016, Indians declared $21 billion as agricultural income, according to provisional data from the Revenue Department. The confusion, however, underscores the fog of uncertainty surrounding the estimates.<br /><br />Please <a href=" http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole" title=" http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole">click here</a> to read more. <br /><br /></div>                                                           
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    <br><a href="http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole" class="re" target="_blank">Bloomberg.com, 5 July, 2016, http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole</a><div class="clear"></div>
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Home हिन्दी

Rich Landowners Reap Billions From India Tax Loophole -Unni Krishnan

Published on Jul 11, 2016   Modified on Jul 11, 2016

-Bloomberg.com   Millionaire farmers are benefiting from measures intended to help poor farmers.   Stuffed animal heads adorn the walls of Kunwar Vikram Jeet Singh’s mansion on the outskirts of Delhi, and he also owns a three-bedroom apartment in a gated condominium in the city. His children go to one of India’s most exclusive private schools. Yet Singh doesn’t pay income tax because he’s a farmer. Singh is one of thousands of rich landowners who don’t need to pay taxes thanks to laws designed to help the hundreds of millions of poor farmers who scratch a living from India’s soil. The average Indian farmer has less than 2 acres (0.8 hectares) and most struggle to eat two meals a day. Singh’s family farm has 100 acres. Worse still, some people are buying agricultural land to avoid paying taxes by declaring their earnings as returns from farming, opposition lawmaker Sharad Yadav told parliament in March. Citizens declared about $29 trillion worth of agricultural income in the year through March 2011. That’s almost 15 times the value of India’s economy. The figure was the result of a Right to Information request by a former tax officer Vijay Sharma, who says the number is probably a computation error and should be closer to 1 percent of GDP or $20 billion. Several requests for clarification from the government have gone unheeded, which pushed him to approach the courts. In the nine years through March 2016, Indians declared $21 billion as agricultural income, according to provisional data from the Revenue Department. The confusion, however, underscores the fog of uncertainty surrounding the estimates. Please click here to read more.

Bloomberg.com, 5 July, 2016, http://www.bloomberg.com/news/articles/2016-07-04/rich-landowners-reap-billions-from-india-tax-loophole

Tagged with: Taxation Income Tax Tax Evasion Big Farmers Small and Marginal Farmers

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