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Elections 2024: Nirmala Sitharaman Casts Vote, Shares Views On Inheritance Tax

Elections 2024: Nirmala Sitharaman Casts Vote, Shares Views On Inheritance Tax

Voting for the Second phase of 2024 Lok Sabha Elections has begun on April 26 and will go on till 6 pm today. India's Finance Minister Nirmala Sitharaman cast her vote in Bengaluru.  After casting her vote, she motivated other Indian to come and cast their votes.  Sitharaman expressed her satisfaction at the early turnout and emphasized the importance of stable governance, good policies, progress, and development. Sitharaman also shred her views on property tax and inheritance tax. She mentioned that such measures would adversely affect the middle class and aspirational individuals. Watch video to know what more she said 

26 April,2024 12:27 PM IST
Yogi Adityanath Slams Congress On Inheritance Tax Remark

Yogi Adityanath Slams Congress On Inheritance Tax Remark

Chief Minister of Uttar Pradesh, Yogi Adityanath, addressed the media on April 25, unveiling what he believes to be the true mindset of the Congress towards the country and its people. He emphasized that this mindset was evident during the UPA government regime and was further highlighted by Sam Pitroda’s recent remarks on inheritance tax. Yogi Adityanath accused the Congress party of engaging in widespread corruption over the course of 60 years, alleging that they prioritized their political agenda over the nation's welfare. He particularly criticized the idea of inheritance tax, framing it as part of the Congress' agenda to undermine the nation's interests. Watch video. 

25 April,2024 01:55 PM IST
Sudhanshu Trivedi attacks Congress on Sam Pitroda’s ‘inheritance tax’ remark

Sudhanshu Trivedi attacks Congress on Sam Pitroda’s ‘inheritance tax’ remark

Bharatiya Janata Party Rajya Sabha MP, Sudhanshu Trivedi launched a scathing attack on Congress after Sam Pitroda’s ‘inheritance remark and said that Sam Pitroda has done an X-Ray of the Congress manifesto and has categorically elaborated the nefarious design of the Congress party.“Sam Pitroda has done an x-ray of the manifesto of the Congress party and now Rahul Gandhi also can't say anything about this. The things he (Sam Pitroda) has said, he has categorically elaborated the nefarious design of the Congress party,” said Sudhanshu Trivedi.

24 April,2024 08:58 PM IST
 ‘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
Interim Budget 2024: From Income Tax to Housing, Key Highlights from Budget 2024

Interim Budget 2024: From Income Tax to Housing, Key Highlights from Budget 2024

Interim Budget 2024 was presented today by Union Finance Minister Nirmala Sitharaman for the year 2024-25. Her budget speech lasted 56 minutes, her shortest ever. While BJP leaders lauded the budget for its host of measures focusing on realising the resolve of a developed India, the opposition termed it hollow. Indian stock indices took a rollercoaster ride and settled marginally in the red, the day the central government presented its interim Budget for 2024-25. But what were the key highlights from the budget and how does it impact the economy? From Taxation, Agriculture, Energy to Tourism and Infrastructure, here are key budget highlights that you need to know.Also Read: Budget 2024 evokes mixed reactions from hospitality, healthcare and AI sectors

07 February,2024 02:27 PM IST
Interim Budget 2024: Here’s what Nirmala Sitharaman has announced for tax-payers

Interim Budget 2024: Here’s what Nirmala Sitharaman has announced for tax-payers

Union Finance Minister Nirmala Sitharaman presented the Union Interim Budget 2024-25 today. This is her 6th consecutive budget presentation. In her interim Budget 2024 speech, she announced that there will be no change in the tax structure. “I do not propose to make any changes relating to the taxation and propose to retain the same tax rates for direct and indirect taxes including import duties”. Finance Minister Nirmala Sitharaman said in her interim Budget speech. She announced proposals for making improvements in the tax-payers services for ensuring ease in living and ease of business. She also proposed to withdraw all pending tax demands up to ₹25,000 till 2009-10 and ₹10,000 till 2014-15; benefiting 1 crore tax payers.

01 February,2024 01:00 PM IST
Dheeraj Sahu IT Raids: Amit Shah attacks India Bloc on 353 Crore cash haul

Dheeraj Sahu IT Raids: Amit Shah attacks India Bloc on 353 Crore cash haul

Union Home Minister Amit Shah on Sunday hit out at the INDIA bloc over the silence maintained by its leaders after the recovery of cash worth ₹353 crore from the premises of Congress MP Dhiraj Sahu. Attacking the parties on the Dheeraj Sahu IT raids, Amit Shah said, “I understand Congress is silent as corruption is in their nature but JDU, RJD, DMK, and SP all are sitting silently...Now I understand why a campaign was run against PM Modi that agencies are being misused. It was run because there was a fear in their mind that all the secrets of their corruption would be revealed.”

11 December,2023 11:06 AM IST

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