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Not looking at tax on inflows: Ahluwalia

India is not considering imposing tax and wants inflows to rise more,says Ahluwalia.

India is not considering imposing a tax to curb capital inflows,and wants the inflows to rise a little more,the deputy chairman of the government8217;s planning commission told Reuters on Friday.

8220;It capital flows is rising but we want it to rise a little bit more,8221; Montek Singh Ahluwalia said.

Asked if there was a possibility of India imposing a tax to curb capital inflows,he said,8221;I don8217;t,certainly not8221;.

He said foreign fund inflows were needed for developing infrastructure,and were unlikely to create asset price bubbles.

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