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Bringing Back Inheritance Tax In India ?
Should Inheritance Tax which was abolished by the Government in 1985 be brought back in effect so as to reduce the increasing difference between the rich and poor in the country. This tax was in effect from 1953 to 1985 in India. It was a tax levied on a person who inherits money or property, or a tax on the estate (total value of the money and property), of a person who has died.
3 Answers
- amkLv 610 years agoFavorite Answer
Good idea but you should know where this tax money go.
Yes in pockits of politicians and corrupt officials.
Let it be with real owners.
- chellLv 610 years ago
A very good idea.
I am paying educational tax while I am paying amount for the use of telecom services.
I do not know what is the connection to tel.dept and education.
So we can we have seen how The collected taxes was spent in CWG. . introduce the new tax. Congratulations .
- ?Lv 45 years ago
the place do you get carry of the selection ninety seven%. i could placed it like 500% . all of them are one hundred% corrupt. the different 4 hundred% is to account for their valueless sons, daughters and different family individuals individuals who're a burden to the rustic. nicely a number of them may be honest yet all of them dont have purely 3 little ones and a million spouse or 4 family individuals individuals. some have lot greater. Lalu ji's share itslef could be like 5000% (or greater)
