Revenue-hungry finmin mulls taxing dividends of super-rich
Sunny Verma: New Delhi, Jan 16 2013, 00:33 IST
R1.5 lakh crore in the year. Currently, the highest income tax rate of 30% is applied on taxable income of R10 lakh-plus, while the top income tax rate is higher in countries like Australia, Sweden, the UK, Switzerland, Germany and Denmark.
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