Latest News on Super Rich Tax
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Super Rich Tax - Total results - 10
Mar 01, 2013
Union Budget 2013: High earners bemoan 10% tax surchargeJust 42,800 of India's 1.2 billion people will be affected by the extra take on pay above Rs 1 crore, according to the finance minister.
Feb 28, 2013
This Chart shows Union Budget 2013 could be a dream budget tooThe Union Budget for FY14 is likely to be dream budget that will deliver the promised fiscal consolidation as well as imbibe progressive tax reforms.
Feb 27, 2013
Union Budget 2013: On whom will Chidambaram's tax axe fall?While the economists Firstpost spoke to agreed that a flat tax rate would be the ideal situation, the focus for the finance minister should be to curb wasteful expenditure to shore up its finances.
Feb 25, 2013
Budget 2013: Mr FM, when it comes to taxes, less is moreNot with higher taxes on the super-rich, but by keeping tax rates at low and reasonable levels.
Feb 22, 2013
Budget Wrap: FM seen widening tax base, super rich tax unlikelyA super rich tax is unlikely to come in this budget as “policy makers within the government” favour more discussions before introducing it.
Feb 19, 2013
Budget wrap: Giveaways may come at cost of education billWith UPA chief Sonia Gandhi pushing for 25 million families to qualify under the food security plan, finance minister P Chidambaram is having a tough time managing other social sector priorities given the mounting fiscal deficit.
Feb 18, 2013
Will Chidambaram's Union Budget have any scope for surprises?Firstpost editors do not expect any big reforms in Budget 2013. While meeting key macro numbers is key, Chidambaram is unlikely to soak the rich with taxes and may only introduce marginal tax hikes for the rich
Jan 27, 2013
Budget 2013: More taxes for rich means more black moneyPersonal income tax rates in India were extraordinarily high between the 1950s and 1980s. They had led to high high levels of tax evasion in the first place
Jan 14, 2013
Budget wrap 2013: Excise, service taxes may go up by 2%Today's papers had a sprinkling of hints on which way the finance minister may be leaning, and the big revenue raiser may be an increase in indirect taxes, not direct.
Jan 09, 2013
Earning Rs 12 lakh? Well, you are rich, and can pay more taxUmost probably is eyeing a Robin Hood-like image, which would mean the real super rich will be taxed to serve the middle and lower classes.