For the rich, India is as good as a tax haven5 min read . Updated: 29 Jun 2016, 09:31 AM IST
Subsidies to the rich are hurting the capacity of the government to spend more on essential sectors such as health, nutrition and education
Last month, the government released much sought-after tax data. The data fell short in that a break-up of taxes by income categories was only available for 2012-13, but it did confirm apprehensions on two counts: first, India remains a low-tax country despite the acceleration of economic growth in the past decade, and second, income inequality has risen in the past two decades.
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