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Budget 2013: Govt may introduce new tax slab for incomes above Rs 5cr

The story of tax on super rich was first aired by CNBC-TV18, on December 26. As the budget draws closer the idea seems to be gaining traction. The finance minister himself hinting towards such tax in an exclusive interview, reports CNBC-TV18’s Aakansha Sethi.
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10.41 PM Jan 25th | Track

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Investor144

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Open your eyes people. Government does not need any taxes. It just needs to bring back all the scam money & black money stored in swiss banks. All the ministers are having black money in 100s of crores. Common citizens, even with 5 cr annual income, cannot help the government by paying tax, because the scams that waste money are too big.

9.48 AM Jan 27th

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sonu11

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Wow , USA with 50k avg per capita income is considering income above 450k as super income tax slab ..... India with 1.5k Avg per capita income is considering income above 1000k as super income tax slab.

And our MMS talks about poor nation and income inequality....... Either he is structurally wrong or I cant understand what is obvious.......

4.37 AM Jan 27th