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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
Mukhtar Ansari Death: AIMIM chief Asaduddin Owaisi questions death of Ansari

Mukhtar Ansari Death: AIMIM chief Asaduddin Owaisi questions death of Ansari

Political uproar continues over Mukhtar Ansari Death. Meanwhile, AIMIM chief Asaduddin Owaisi launched a strong attack on the UP Government over the death and accused the government of poisoning him in jail. Listen to what he said while addressing Jalsa Youm-Ul-Quran.

30 March,2024 01:27 PM IST
Supreme Court of India praises India’s growing economy as robust

Supreme Court of India praises India’s growing economy as robust

The Supreme Court praised the growing Indian economy as robust and recognised in the world. The Supreme Court’s observation came while hearing the suit filed by Kerala Government against Centre. The Kerala Govt accused the Centre of not allowing it to borrow more money to meet its needs. Justices Surya Kant, KV Vishwanathan were hearing Kerala Govt’s plea raising the grave financial crisis. The Supreme Court remarked that India's economy is robust and is recognised in the entire world. Notably, India is currently the fifth largest economy of the world and visions to become the third largest soon. PM Modi has exuded confidence in returning to power and making the nation third-largest economy. External Affairs Minister also recently said that the country will soon move to grab the third position.

08 March,2024 06:10 PM IST
UP Police Constable Exam: CM Yogi Adityanath speaks on canceling UP Police exams

UP Police Constable Exam: CM Yogi Adityanath speaks on canceling UP Police exams

Chief Minister of Uttar Pradesh Yogi Adityanath on February 25 talked about the cancellation of UP Police constable exam. Yogi Adityanath said that strict action would be taken against those involved in paper leak. He also said that if the selection process is not transparent, then it is equal to hampering the youth’s future.

25 February,2024 04:01 PM IST
UP Police Constable Exam: Candidates celebrate as police exam gets cancelled

UP Police Constable Exam: Candidates celebrate as police exam gets cancelled

The candidates of the UP Police constable exam danced in joy as the exam was cancelled by Chief Minister Yogi Adityanath. Hundreds of candidates danced, celebrated in Lucknow. Some even thanked Chief Minister Yogi Adityanath for cancelling the exam. Some of the candidates were protesting at Eco Garden after reports of paper leak. On February 24, CM Yogi took to X and informed about the exam cancellation.

24 February,2024 06:27 PM IST
FM Nirmala Sitharaman Questions Congress In Lok Sabha About The MoU Signed

FM Nirmala Sitharaman Questions Congress In Lok Sabha About The MoU Signed

Union Finance Minister Nirmala SItharaman went all guns blazing against the Congress in Lok Sabha highlighting the 2008 MoU signed between Congress during the UPA government and with Chinese Communist Party, details of which remain secret till now. Demanding answers, the Finance Minister cornered Congress. 

10 February,2024 01:37 PM IST | Mumbai
National Sports Awards: President Droupadi Murmu confers Arjuna Award

National Sports Awards: President Droupadi Murmu confers Arjuna Award

President Droupadi Murmu conferred Arjuna Award to Para-archer Sheetal Devi on January 09. Para-archer Sheetal Devi received Arjuna Award for her achievement in archery. Sheetal Devi, a 16-year-old para archer created history and won three medals at the Para Asian Games in China's Hangzhou. 

09 January,2024 05:08 PM IST | Mumbai
Year Ender 2023: People Shower Love On Movies From Pathaan To Jawan, Animal

Year Ender 2023: People Shower Love On Movies From Pathaan To Jawan, Animal

2023 has been about a lot of blockbusters and entertaining movies. From 'Pathaan', 'Jawan', 'Dunki', 'Animal', and many more. But which movie did people enjoy the most this year? Which song did they listen to the most and the most famous dialogues of this year? Let us listen in from the public about their take on the movies of this year!

31 December,2023 08:00 PM IST

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