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budget

Budget Reactions: Super-rich tax good move; laud FM's effort: Narayana Murthy

Finance Minister, P Chidambaram proposed to impose a 10 percent surcharge on people with income of more than Rs 1 crore in his Budget speech. Narayana Murthy, Chairman Emeritus of Infosys lauds the minister's effort in this direction stating that in a country where poverty is rampant, this kind of a tax will be peanuts for those who earn more.

first published: Mar 1, 2013 10:00 am

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