Skip to main content

Posts

Showing posts with the label TAX FREE INCOME

TAX FREE INCOME

  TAX FREE INCOME Agriculture  revenue is not subject to taxation in India, as is widely recognized. Property taxes are familiar to anyone who owns a home. We might have heard tax exemptions are available for seniors, individuals with disabilities, and other people under subsistence level, but did you know that agricultural  tax  exemptions are also available? If you can classify portion of your land as farming, you might save a lot of money on taxes. Selling or using agricultural products cultivated on your property, such as honey, vegetables, fruits, timber and poultry, is  tax-free. Do not save what is left after spending. Spend what is left after saving. WARREN BUFFET