Followers

Friday, May 24, 2024

'India should impose wealth tax on ultra rich to tackle inequality'

A new paper by the World Inequality Lab proposes an annual wealth tax and an inheritance tax for those with net wealth exceeding Rs 10 crore. The paper, authored by Thomas Piketty, Nitin Kumar Bharti, and others, aims to tackle wealth concentration at the top.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/q3cKyor

No comments:

Post a Comment

'Extra payout' to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO

HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found business overreach but no per...