Advantages of investing in agricultural farmland in India – Hosachiguru
March 27, 2024 ⚊ 1 Min read ⚊ Views 32 ⚊ BUSINESS
Most of us dream of owning a piece of agricultural land, where we can fulfill our passion for farming as well as use it as a weekend getaway. Investing in agricultural farmlands in India has great advantages; the major one being that income earned from and the profit made from selling the farmland are free from taxation. It also seems unlikely that it will be made taxable over the coming years. India is the second most populous country on earth that occupies more than 17.5% of the population and is known for its agricultural farming practices. India, like many other countries is really concerned about food security. Thus, rural development has become one of the primary areas of focus in the present horticultural and agricultural development programs.
