Budget 2026: Zameen pe tax chhuta, khushiyon ka jahan!
Arre suno, budget ki baatein ho rahi hain, zameen ka tax chhuta hai! RFCTLARR Act ke tehat, ab compensation pe income tax nahi, khushiyon ka jahan hai! Kunal bhai keh rahe hain, zameen ka haq sabka hai, disputes ki kahani khatam! Sudhir bhai ne samjha diya, 2026 se sab kuch hai clear, zameen ki baatein ab khushiyon ki raah par hain!
Quick rundown
- Government exempts income tax on compensation for land acquired under RFCTLARR Act.
- Proposal clarifies tax relief for urban and non-agricultural landowners.
- Exemption now codified in income-tax law, reducing future litigation.
- Amendment includes all land types, not just agricultural, for tax exemption.
- Taxpayers should disclose exempt income and ensure no wrongful tax deductions.
