He also criticized the Congress party regarding the ‘inheritance tax,’ citing a remark made by Indian Overseas Congress President Sam Pitroda.
“One of the leaders who are in foreign said that when INDI alliance government will form they will suggest implementing a tax where 55 per cent of the wealth generated by an individual will be transferred to the government after his/her death,” the Defence Minister stated.
“By implementing such rules, the INDIA alliance want to spoil the nation? Why would anyone invest or keep savings? Many renowned economists have condemned this idea,” he continued.