Wednesday, 15 September 2010 16:48
EDITORIAL (September 07 2010): It is more than apparent that fresh fiscal measures have to be taken to respond to the new situation, arising from large-scale devastation caused by floods.According to a report in a reputed newspaper, the government has decided in principle to impose a flood tax on all imports and a surcharge in the range of 5 to 10 percent on all incomes exceeding Rs 300,000 per annum, including salaries and profits, not ...