SaralnamaBuy farm in Noida, grow veggies: CA Meenal Goel exposes tax strategies of India's rich. In a LinkedIn post, she explains how wealthy Indians use agricultural land and farmhouses to reduce taxes legally. Goel highlights three tactics: buying farmland in Noida, Gurgaon, or Hyderabad for tax-free income from crops; owning assets through trusts or LLPs to protect from creditors; and using tax-exempt wedding gifts to explain large cash deposits. She argues that the rich exploit income tax laws to their advantage, potentially converting black money to white money legally. (Updated 29 Sep 2025, 10:53 IST; source: link)
Key Points
- Buy farm in Noida, grow veggies: CA Meenal Goel exposes tax strategies of India's rich
- In a LinkedIn post, she explains how wealthy Indians use agricultural land and farmhouses to reduce taxes legally
- Goel highlights three tactics: buying farmland in Noida, Gurgaon, or Hyderabad for tax-free income from crops; owning assets through trusts or LLPs to protect from creditors; and using tax-exempt wedding gifts to explain large cash deposits