INDUSTRY VIEW 5-India budget raises taxes on some companies

Newswire

(Recasts first two paragraphs, adds comments) MUMBAI, Feb 28 (Reuters) - India unveiled higher-than-expected spending for fiscal 2013/14 on Thursday, hoping to fund it with higher revenues - including new taxes on the rich and large companies - in a budget aimed at reviving growth amid the country's worst slowdown in a decade. An added surcharge on local firms with incomes of over 100 million rupees ($1.84 million) and a 10 percent surcharge on individuals with ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Jan 18, 2018
video
WardsAuto

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×