profile image

Chaitanya Kalbag

Award-winning columnist and journalist

Chaitanya Kalbag is an award-winning columnist and journalist. He is a former editor of Reuters Asia, the Hindustan Times and Business Today.

SAM YEH via Getty Images

Can Modi Tackle The Black Money Beast?

Jaitley said he would tack a 2% surcharge on 'super-rich' Indians who earned more than Rs 10 million ($161,000) per year. Guess what? There are only about 100,000 people who have declared that income or more. This in a country of 1.25 billion which has the world's third-largest number of dollar billionaires - 97 in all.
01/03/2015 3:27 PM IST