Get APB updates first on GoogleHot on the heels of India’s budget review, the nation’s finance minister, Palaniappan Chidambaram, has announced the decision to include a tax surcharge on residents earning more than Rs 1 crore (US$183,200) per year. Though the surcharge, set at 10% and applicable for the year 2013, is undoubtedly significant, Chidambaram said that only 42,800 of the country’s 1.2 billion persons…
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