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Sitharaman on why she taxed super rich more
TIWN
TIWN
PHOTO : TIWN
Chennai, July 21 (TIWN) Finance Minister Nirmala Sitharaman on Saturday said the tax on the super rich is a small expectation from them to contribute a little more for the poor.
She was here to inaugurate the International Business Conference of Nagarathars organised by the Nagarathar Chamber of Commerce. Sitharaman said not more than 5,000 people are there in the super rich category in the country and the Union Budget 2019-20 has several measures to help start-ups. Stressing that the super rich should shoulder part of the government's responsibility in supporting the poor, she said it is not highway robbery or done with the intention to affect their business.
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