[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
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Nearly half of Canadians have suffered inappropriate advances on the job - and the political arena is no exception.
Featured
Women's rights activists are demanding change after Hanna Lalango, 16, was gang-raped on a bus and left for dead.
Buried in Sweden's northern forest, Sorsele has welcomed many unaccompanied kids who help stabilise a town exodus.
A look at the changing face of North Korea, three years after the death of 'Dear Leader'.
While some fear a Muslim backlash after café killings, solidarity instead appears to be the order of the day.
Victims spared by the deadly disease are reporting blindness and other unexpected post-Ebola health issues.