Left wants 5% wealth tax on Rs 50 cr and above

Last Updated: Friday, March 9, 2012, 23:02

Left parties have suggested that wealth tax be levied in the range of 1-5 per cent, instead of a flat 1 per cent at present.

Foreign bank deposits, paintings, watches may attract wealth tax under DTC

Last Updated: Tuesday, February 21, 2012, 18:47

Deposits in foreign banks, paintings, sculptures and expensive watches may come under the wealth tax net as part of the government's drive to unearth black money.

Mark Zuckerberg and the case for a wealth tax

Last Updated: Friday, February 10, 2012, 10:54

When politicians talk about taxing the rich, a common rejoinder is that income is not the same as wealth, and it’s wealth, not income, which really makes you rich.

Mark Zuckerberg and the case for a wealth tax

Last Updated: Friday, February 10, 2012, 10:54

When politicians talk about taxing the rich, a common rejoinder is that income is not the same as wealth, and it’s wealth, not income, which really makes you rich.