
#economist thomas piketty

Economy
2% wealth, 33% inheritance tax proposal for India
A recent research paper co-authored by economist Thomas Piketty has proposed imposing a 2 per cent tax on net wealth exceeding Rs 10 crore and a 33 per cent inheritance tax in India. Titled 'Proposals For a Wealth Tax Package to Tackle Extreme Inequalities in India,' the paper suggests this tax package to address the growing wealth disparity in the country.
News Arena Network • May 24 2024
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