Follow us on - LinkedIn - https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube - https://www.youtube.com/user/aseemaggarwal92 Twitter - https://twitter.com/aseem252 Blog - https://aseemconsult.blogspot.com/ People have also filed about 500,000 updated returns, Bajaj, who superannuated last month, said. Former Revenue Secretary Tarun Bajaj on Thursday made a case for taxation of agricultural income and suggested that people above the income tax threshold must pay tax, irrespective of their income source. “It is a good thought… If I make more money than the threshold, I should pay tax,” said Bajaj at a CII conference, but added this is his personal view. At present, agricultural income is exempt from tax under the Income Tax Act. The topic is also seen to be highly politically sensitive as it would impact farmers. Meanwhile, addressing the session on “Mobilising Higher Tax Revenues for Financing India’s Development”, Ba...