Agricultural Income Tax

Agricultural Income Tax is a tax imposed on the income generated from agricultural activities, such as farming, cultivation, and related operations. It targets income derived directly from agricultural land or associated agricultural activities, distinguishing it from other types of income. The rules and rates vary based on jurisdiction, and often agricultural income is either partially or fully exempt from taxation to support farmers. This tax helps fund public services and infrastructure, but its application depends on local laws and the nature of the agricultural income earned.