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Inheritance Tax

Economist Gautam Sen: If India Imposes Inheritance Tax, Super Rich Will Move To No Tax Countries Like Dubai

Economist Gautam Sen: If India Imposes Inheritance Tax, Super Rich Will Move To No Tax Countries Like Dubai

08 May 2024

Renowned political economist Gautam Sen has cautioned against Congress' proposed wealth tax in India, foreseeing a potential exodus of the nation's wealthiest, including the Ambanis and the Adanis, to tax havens such as Dubai to evade taxation. In an exclusive interview with ANI, Sen, who retired from the London School...

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Lok Sabha Election 2024: PM Modi Writes Personalised Letters to Candidates Contesting in Third phase of Polls

Lok Sabha Election 2024: PM Modi Writes Personalised Letters to Candidates Contesting in Third phase of Polls

30 Apr 2024

Prime Minister Narendra Modi on Tuesday wrote personalised letters to BJP-led National Democratic Alliance candidates contesting in the third phase of Lok Sabha elections, Requests them to spread word against regressive politics of Congress and INDI alliance including their agenda to give reservations to Muslims by snatching it from SC...

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Inheritance tax has never removed poverty, says PM Modi

Inheritance tax has never removed poverty, says PM Modi

29 Apr 2024

Prime Minister Narendra Modi, speaking to the renowned news paper dismissed the notion of taxing inheritance as a solution to inequality or poverty. He emphasized that such taxes have historically failed to alleviate poverty, stating, “I do not think they are solutions by any stretch of the imagination.” Modi expressed...

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Speaking on ‘inheritance tax’ and Rahul Gandhi’s ‘X-ray’ comments, PM Modi slams Congress’ ideology

Speaking on ‘inheritance tax’ and Rahul Gandhi’s ‘X-ray’ comments, PM Modi slams Congress’ ideology

29 Apr 2024

The Bharatiya Janata Party (BJP) has no plans to adopt or even examine the "inheritance tax," according to Prime Minister Narendra Modi, who made this claim amid the heated 2024 Lok Sabha debate.  In an interview with News18, PM Modi attacked the Congress manifesto, calling it the "stamp of the...

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Lok Sabha Elections 2024: “Inheritance tax could nullify India’s decade of progress” says Nirmala Sitharaman as she casts her vote

Lok Sabha Elections 2024: “Inheritance tax could nullify India’s decade of progress” says Nirmala Sitharaman as she casts her vote

26 Apr 2024

Union Finance Minister Nirmala Sitharaman cast her vote at a polling booth in Bengaluru's BEs college and stated, "I want more and more people to come out and vote... They want to see PM Modi continue his term." She criticized the Congress for advocating an inheritance tax, saying it could...

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This Is Why Inheritance Tax is not a Practical Solution for India’s inequality in Wealth Distribution

This Is Why Inheritance Tax is not a Practical Solution for India’s inequality in Wealth Distribution

25 Apr 2024

Inheritance tax, also known as estate tax, has been proposed as a tool to tackle wealth inequality in India. However, implementing such a tax may not be practical due to several challenges and potential negative consequences. Here are some reasons why inheritance tax may not be the most effective approach...

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India’s past Inheritance Tax: Why it existed and why it ended

India’s past Inheritance Tax: Why it existed and why it ended

24 Apr 2024

Amidst a political controversy sparked by Sam Pitroda, the Indian Overseas Congress chairperson, advocating for an inheritance tax system similar to that of the United States, we delve into the historical legislation that was prevalent in India prior to 1985. Inheritance tax in India Before 1985, India used to have...

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What is Inheritance Tax ? Your complete guide to who pays and how

What is Inheritance Tax ? Your complete guide to who pays and how

24 Apr 2024

What is inheritance tax? An inheritance tax is a tax that some states charge on what people inherit. It's different from an estate tax because the person inheriting pays it, not the deceased's estate. In the U.S., only six states have this tax, and it varies based on where the...

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