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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
Milind Deora exposes hypocrisy of political parties over Electoral Bonds

Milind Deora exposes hypocrisy of political parties over Electoral Bonds

Ex-Congressman Milind Deora, boldly addressed the contentious issue of electoral bonds. Deora, known for his articulate arguments and progressive stance, shed light on the perceived hypocrisy of political parties opposing the use of electoral bonds. Deora articulated the significance of electoral bonds in the Indian political landscape. While he admitted that it is not the perfect solution, he called out the opposition's stance on the electoral bonds scheme as ‘hypocritical’ arguing that their resistance to electoral bonds contradicts their acceptance of benefits from the same source. Watch the video to know about Milind Deora’s stance on the electoral bonds issue.

12 April,2024 05:00 PM IST
PM Modi praises India's Defence sector growth, calls it a monumental achievement

PM Modi praises India's Defence sector growth, calls it a monumental achievement

For the first time in the history of Independent India, defence exports touched a record Rs 21,083 crore in the financial year 2023-24. India’s defence exports saw a record growth of 32.5 pc over the last fiscal year when the figure was Rs 15,920 crore. The recent figures have indicated that the defence exports have grown by 31 times in the last 10 years. Meanwhile, PM Narendra Modi called India’s defence sector growth a “monumental achievement”. The Prime Minister lauded the team’s hard work those who propelled India onto the global stage in defence. Raksha Mantri Rajnath Singh hailed PM Modi’s visionary leadership and congratulated all stakeholders. The defence industry, including private sector, has made tremendous efforts in achieving the highest-ever defence exports. The private sector and the DPSUs have contributed about 60 per cent and 40 per cent, respectively.

02 April,2024 01:47 PM IST
PM Modi in Bihar: 'Those who brought Jungle Raj only cared about their family'

PM Modi in Bihar: 'Those who brought Jungle Raj only cared about their family'

Prime Minister Narendra Modi on March 06 launched a scathing attack on RJD in Bihar, saying that when "Jungle Raj" came to the state, migration increased and the future of lakhs of students of the state was put at stake. Addressing a rally here as part of BJP’s preparations for the Lok Sabha polls, PM Modi said it is essential for Bihar to be developed for "Viksit Bharat" and the NDA government in the state has given speed to development works. Referring to the Rashtriya Janata Dal government that ruled Bihar for about 14 years between 1990 and 2005, PM Modi said that "one family prospered" and youth had to go out of state to earn their livelihood. "How lands were grabbed in lieu of jobs. The challenge of outward migration increased during the Jungle Raj, those who brought jungle raj only cared about their family," he said.

06 March,2024 08:31 PM IST
Budget 2024: Nirmala Sitharaman to present budget 6 times in a row

Budget 2024: Nirmala Sitharaman to present budget 6 times in a row

Finance Minister Nirmala Sitharaman on Feb 01 posed along with her team ahead of presentation of Budget 2024. It will be her sixth Budget as the Finance Minister and last in the second term of the Modi Government. She will table the interim budget 2024 before the country heads for Lok Sabha Polls later this year.

01 February,2024 10:44 AM IST
Medha Shankar: Vidya Balan Was Tested 26 Times For 'Parineeta' | Exclusive

Medha Shankar: Vidya Balan Was Tested 26 Times For 'Parineeta' | Exclusive

In an exclusive interview with Mid-day.com, 12th Fair actress Medha Shankar spoke about not coming from a film background and wanting to becoming an actor was about a lot of rejections taking place for her. She even talked about why she stopped doing advertisements after a point. She even mentioned how Vidhu Vinod Chopra Gives Rs. 20 to whoever is working on set if he likes Someone's work. She stated how hard working Vikrant Massey is as an actor. Vidya Balan called Medha and told her how she really enjoyed watching Medha on-screen. Watch the full video to find out more insights on 12th Fail. 

28 November,2023 10:36 AM IST
Times When Ranbir Kapoor Has Spoken About His Bond With Father Rishi Kapoor

Times When Ranbir Kapoor Has Spoken About His Bond With Father Rishi Kapoor

The much-awaited trailer of Sandeep Reddy Vanga's Animal was released on November 23 in Delhi, a week before its theatrical release. The film gives us a glimpse into the nature of a father-son relationship played by Anil Kapoor and Ranbir Kapoor. Ranbir Kapoor's real life father and star Rishi Kapoor passed away after a two-year-long battle with cancer in April 2020. Let's go back to listening to Ranbir Kapoor talking candidly about his father from Mid-day.com's Sit With Hitlist segment and also how at the trailer launch event of 'Animal' Ranbir mentioned that he could think of his father. Watch the full video to listen in to the actor talking about his bond with his father Rishi Kapoor.

24 November,2023 05:23 PM IST
Shantanu Maheshwari On His Bromance With Kunwar Amar In Dil Dosti Dance

Shantanu Maheshwari On His Bromance With Kunwar Amar In Dil Dosti Dance

Lead cast of Campus Beats Shantanu Maheshwari, Shruti Sinha and writer Palki Malhotra spoke to Mid-day.com in an exclusive interview and spoke about their going friendship in the latest show Campus Beats. Shantanu Maheshwari also spoke about how his career changed post Gangubai Kathiawadi and people finally started reaching out to him with non-dance roles as well. While, Palki Malhotra spoke about her personal touch that she brings to all the shows she has come out with like - Dil Dosti Dance, Dil Mil Gaye and many more. Watch the full video to find out more!

13 November,2023 02:57 PM IST

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