The government has numerous amount of schemes, policies and other measures to promote growth in this sector – one of them being an exemption from income tax. The country as a whole is entirely dependent on agriculture for its basic food requirements. It is usually the only source of income for the large rural population in India. Section 80G - Donations Eligible Under Section 80G and 80GGA - 80G Exemption ListĪgriculture is said to be the primary occupation in India.Budget 2023 Expectations For Income Tax: 80C & 80D Limit Increase, Tax Slab Changes For Salaried Employees.ITR U – What is ITR-U Form and How to File ITR-U.
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