Will Taxing the Super-Rich Help India's Fiscal Health? ; Increasing Taxes on the Rich Certainly Makes Political Sense Ahead of Next Year's General Election. but Economists Involved in Pre- Budget Meetings Oppose the Move, Saying It Is More Important to Widen the Tax Base and Improve Compliance

It is a question millions of Indians are asking ahead of the 2013/ 14 Budget to be unveiled at the end of February: will Finance Minister P. Chidambaram increase taxes on wealthy Indians to tame the fiscal deficit?Increasing taxes on the rich certainly makes political sense ahead of next year's ... (Publication: Business Today)