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Tax on super rich ought to be revised in full budget - Chidambaram

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Reuters NEW DELHI
Last Updated : Feb 17 2014 | 5:52 PM IST

NEW DELHI (Reuters) - The finance minister said on Monday a tax on the super rich ought to be revised when the full budget is prepared after elections due by May.

Finance Minister P. Chidambaram, who presented an interim budget to parliament, introduced a surcharge of 10 percent last year on those with taxable incomes of more than 10 million rupees.

(Reporting by Manoj Kumar and Rajesh Kumar Singh; Editing by Sanjeev Miglani)

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First Published: Feb 17 2014 | 5:32 PM IST

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