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 ‘Inheritance tax’ remark: What is US Inheritance Law quoted by Sam Pitroda? 

‘Inheritance tax’ remark: What is US Inheritance Law quoted by Sam Pitroda? 

Talking about Prime Minister Narendra Modi’s “wealth distribution” remark, Chairman of Indian Overseas Congress, Sam Pitroda on April 24 explained that when Congress talks about redistributing wealth, it means new policies and new programs that are in the interest of the people and not in the interest of super-rich only. "...In America, there is an inheritance tax. If one has $100 million worth of wealth and when he dies he can only transfer probably 45% to his children, 55% is grabbed by the government. That's an interesting law. It says you in your generation, made wealth and you are leaving now, you must leave your wealth for the public, not all of it, half of it, which to me sounds fair. In India, you don't have that. If somebody is worth 10 billion and he dies, his children get 10 billion and the public gets nothing...So these are the kind of issues people will have to debate and discuss. I don't know what the conclusion would be at the end of the day but when we talk about redistributing wealth, we are talking about new policies and new programs that are in the interest of the people and not in the interest of super-rich only," said Sam Pitroda.

24 April,2024 08:50 PM IST
‘Inheritance tax’ remark: CM Yogi attacks Congress over Sam Pitroda’s remark

‘Inheritance tax’ remark: CM Yogi attacks Congress over Sam Pitroda’s remark

Uttar Pradesh Chief Minister Yogi Adityanath launched an all-out attack on the Congress over Sam Pitroda’s ‘inheritance tax’ remark. CM Yogi Adityanath accused the Congress government rule for decades of giving benefits selectively. CM Yogi alleged that Congress and INDIA bloc want to take back the country to the times of terrorism and appeasement politics. 

24 April,2024 08:27 PM IST
Lok Sabha elections 2024: PM Modi criticizes Congress for Sam Pitroda's comments

Lok Sabha elections 2024: PM Modi criticizes Congress for Sam Pitroda's comments

At a public event in Surguja, Chhattisgarh, Prime Minister Narendra Modi reacted to Sam Pitroda's remarks about "inheritance tax." Modi stated, "The advisor to the royal family's prince and the prince's father said that more taxes should be levied on the middle class. But now, the Congress has taken it a step further by proposing an inheritance tax. They want to tax what you inherit from your parents. The property you've earned through your hard work may not go to your children because Congress could take it away. Congress will increase taxes while you're alive and, once you're gone, burden you with inheritance taxes. Those who treated the Congress party as their family property and passed it down to their children now want to deny Indians the same right to pass on their property to their children," explained Prime Minister Modi.

24 April,2024 03:34 PM IST
Wealth Redistribution Remark: Asaduddin Owaisi attacks PM Modi

Wealth Redistribution Remark: Asaduddin Owaisi attacks PM Modi

Prime Minister Modi’s ‘Wealth Redistribution remark’ while targeting Congress’ manifesto, has fumed the opposition. PM Modi’s recent speech in Rajasthan’s Banswara sparked controversy ahead of 2nd phase of Lok Sabha Polls. While attacking Rahul Gandhi, PM Modi countered Congress’ “wealth redistribution” guarantee. On April 22, AIMIM Chief Asaduddin Owaisi launched a blistering attack on PM Modi’s remarks. Congress was quick to react on PM Modi’s statement and accused him of propagating “hate speech”.

23 April,2024 01:15 PM IST
Farhan Akhtar-Shibani Dandekar's Wedding Album

Farhan Akhtar-Shibani Dandekar's Wedding Album

Farhan Akhtar and Shibani Dandekar are the latest newlyweds of Tinsel town. Ever since the couple tied the knot, their fans have been waiting for the couple to share photos and videos from their intimate wedding ceremony. And finally, after a few days, the duo has posted some candid pictures from their wedding ceremony and they are so worth the wait. Picture Credits: Sam And Ekta

23 February,2022 07:56 PM IST | Mumbai
RK Singh slams Bihar BJP unit, says money was taken in distribution of tickets

RK Singh slams Bihar BJP unit, says money was taken in distribution of tickets

BJP leader RK Singh on Saturday slammed Bihar BJP unit while expressing dissatisfaction on seat sharing in the state before the assembly polls. He said money was taken in distribution of tickets for the forthcoming elections.

26 September,2015 03:28 PM IST
Ticket distribution in BJP is always done fairly: Rajnath Singh

Ticket distribution in BJP is always done fairly: Rajnath Singh

Reacting on BJP leader RK Singh's statement regarding seat distribution for Bihar assembly elections, Union Home Minister Rajnath Singh on Saturday said that the distribution of tickets in BJP is always fair.

26 September,2015 03:50 PM IST
'Savdhaan India' host Divya Dutta initiated Raincoat distribution to Mumbai Police

'Savdhaan India' host Divya Dutta initiated Raincoat distribution to Mumbai Police

Divya Dutta who hosts popular show 'Savdhaan India' participated in Raincoat distribution to Mumbai Police. Much appreciating gesture we must say!

11 June,2016 02:55 PM IST
Republic TV distribution head held; Mumbai schools to reopen on Nov 23

Republic TV distribution head held; Mumbai schools to reopen on Nov 23

Assistant Vice President and distribution head of Republic TV Ghanshyam Singh was arrested by the Special Investigation Team of the Crime Branch on 10th November in connection with the alleged TRP scam. The Maharashtra government on 10th November issued a notification to reopen schools from November 23. Watch the video to find out what’s happening in Mumbai only on Mumbai Khabar.

11 November,2020 01:09 PM IST

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