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India debates raising taxes on the rich ahead of budget

India's Home Minister Palaniappan Chidambaram speaks during a news conference after a South Asian Association for Regional Cooperation (SAARC) interior ministers meeting in Islamabad June 26, 2010. REUTERS/Faisal Mahmood/Files

India's Home Minister Palaniappan Chidambaram speaks during a news conference after a South Asian Association for Regional Cooperation (SAARC) interior ministers meeting in Islamabad June 26, 2010. REUTERS/Faisal Mahmood/Files

India's Home Minister Palaniappan Chidambaram speaks during a news conference after a South Asian Association for Regional Cooperation (SAARC) interior ministers meeting in Islamabad June 26, 2010. REUTERS/Faisal Mahmood/Files
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Finance Minister Palaniappan Chidambaram gestures during an interview in New Delhi September 15, 2005. REUTERS/Kamal Kishore/Files

Finance Minister Palaniappan Chidambaram gestures during an interview in New Delhi September 15, 2005. REUTERS/Kamal Kishore/Files

Finance Minister Palaniappan Chidambaram gestures during an interview in New Delhi September 15, 2005. REUTERS/Kamal Kishore/Files
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Currency of different denominations are seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS/Vivek Prakash/Files

Currency of different denominations are seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS/Vivek Prakash/Files

Currency of different denominations are seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS/Vivek Prakash/Files
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Finance Minister P. Chidambaram attends a news conference in Hong Kong January 22, 2012. REUTERS/Tyrone Siu

Finance Minister P. Chidambaram attends a news conference in Hong Kong January 22, 2012. REUTERS/Tyrone Siu

Finance Minister P. Chidambaram attends a news conference in Hong Kong January 22, 2012. REUTERS/Tyrone Siu
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