Latest news – India Raises Spending, Hikes Taxes onwealthy

India Raises Spending, Hikes Taxes onwealthy
BY ANANT VIJAY KALA AND ROMIT GUHA — Mukesh Jagota, Prasanta Sahu and Saptarishi Dutta contributed to this article.
The Wall Street Journal Europe
01 Mar 2013

NEW DELHI— India’s finance minister walked a tightrope on Thursday, raising social- welfare spending to please voters ahead of coming elections but reducing subsidies and increasing taxes— especially for the rich— to try to stave off threats of…read more…

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s