[QODLink]
Asia

India's wealthy voice concerns on economy

The country faces an economic slowdown and it is thought tax rises may be on the budget agenda.
Last Modified: 28 Feb 2013 01:50

India's finance minister is due to announce a new budget, and the country's wealthy businessmen are worried they may lose out.

Many of the affluent are watching closely whether the government increases taxes on the rich in the budget due on Thursday.

India's finance minister P. Chidumbrum says he plans to focus on economic revival by motivating business and industry.

The budget is being prepared against a backdrop of grim economic indicators.

Al Jazeera's Sohail Rahman reports from New Dehli.

80

Source:
Al Jazeera
Topics in this article
People
Country
Featured on Al Jazeera
An innovative rehabilitation programme offers Danish fighters in Syria an escape route and help without prosecution.
Street tension between radical Muslims and Holland's hard right rises, as Islamic State anxiety grows.
More than one-quarter of Gaza's population has been displaced, causing a humanitarian crisis.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Featured
Influential independence figure has been key in promoting Scottish nationalism, but will his efforts succeed?
Teenage phenom with quick hands and a passion for boxing has reminded many of the great Filipino fighter at a young age.
Families of Britons killed in 2013 siege at gas plant in Algeria frustrated by inquiry delay over 'sensitive' materials.
Rhinoceros beetles once drew 40,000 visitors each year to Tamura city, but nuclear disaster has decimated beetle mania.
In run-up to US midterm elections, backers of immigration law changes disappointed by postponement of executive action.
join our mailing list