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Jaitley abolishes wealth tax, levies surcharge on super rich

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Reuters NEW DELHI

NEW DELHI (Reuters) - India will abolish wealth tax and replace it with an additional 2 percent surcharge on the country's super rich, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget.

(Reporting by New Delhi bureau)

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First Published: Feb 28 2015 | 12:45 PM IST

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