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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
Emma Watsons topless pics exposed again

Emma Watsons topless pics exposed again

Emma Watson is shocked that topless pictures of her apparently with a towel around her waist standing by a hot tub, have been exposed.

30 November,2010 03:06 PM IST
Back to front for Shane Watson

Back to front for Shane Watson

Australian vice-captain Shane Watson is returning to India in time for the fourth and final Test in Delhi from Friday. Watson returned home after being axed from the Mohali Test on disciplinary grounds. Last week, Watson also became a father. The talented all-rounder has had a change of heart, realized his mistakes and now wants to play Test cricket for Australia again. He could even lead the team in case skipper Michael Clarke fails a fitness test! Video courtesy: NDTV

18 March,2013 09:37 PM IST
Cricketer Shane Watson sings for his fans

Cricketer Shane Watson sings for his fans

Australian cricketer Shane Watson performs an acoustic version of Oasis's 'Don't Look back in Anger'

18 April,2014 09:11 PM IST
Emma Watson to star with Sushant Singh Rajput in 'Paani'?

Emma Watson to star with Sushant Singh Rajput in 'Paani'?

Shekhar Kapur has always laid a benchmark with his films. His next is 'Paani' in which he is casting 'Harry Potter' star Emma Watson and John Trovolta too. Sushant Singh Rajput is going to add the Bollywood touch to it

16 May,2014 08:45 AM IST
Emma Watson graduation ceremony at Brown University

Emma Watson graduation ceremony at Brown University

Check out Emma Watson graduating at Brown University, Rhode Island in this video, wearing her graduation uniform and sitting with 2000 other students.

27 May,2014 03:42 PM IST
Emma Watson at her graduation ceremony

Emma Watson at her graduation ceremony

'Harry Potter' star Emma Watson enjoying and celebrating her graduation ceremony at Brown University, Rhode Island, wearing her graduation uniform and sitting with 2000 other students.

28 May,2014 04:03 PM IST
Why did Jennifer Lawrence slap Emma Watson at Paris Fashion Week?

Why did Jennifer Lawrence slap Emma Watson at Paris Fashion Week?

Check out Jennifer Lawrence slap Emma Watson in media Paris Fashion Week. Courtesy: Splash News

09 July,2014 02:25 PM IST

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