MagicalBurrito
17moAgriculture land
I have few question related to agriculture land. I am from NCR.
- How can you buy agriculture land? Can anyone buy it?
- What’s the pros and cons of buying agriculture land?
- Can you get a loan on agriculture land from a decent bank?
- What are the profitable things, you can do it with agriculture land?
17mo ago
GroovyCupcake
17mo
One of the pros is that u dont hv to pay capital gains tax provided the said agri land falls in rural area as defined in income tax act.
MagicalBurrito
17mo
I agree, even if you do farming related activities, you don’t need to pay IT on your earning.. Any other pointers?
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