Super Rich Tax as announced by F.M. Mr. MA Chidambaram... What is its Features , Applicability, & Scope... in increasing Revenue for Union???
3 Replies
G S Sudarshan
(Partner)
(47 Points)
Replied 05 February 2013
Mr Gaphir Hussain
One correction please. Kindly note the name of our Union Finance Minister is Sri P.Chidambaram and not Mr MA Chidambaram.
CA Prashant Gupta
(DGM (F & A))
(14068 Points)
Replied 05 February 2013
super rich tax is
new tax slab on very very high income
it can be 40% or more
in some countries it is 80% on income
but "Delhi abhi Door H"
govt need funds from these super riches, so they will not allow to pass the bill :)
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