Piketty was speaking at an event hosted by Delhi School of Economics (DSE) and Research and Information System for Developing Countries (RIS), an autonomous policy research institute.
While it is unfortunate that a large number of High Net Worth Individuals have left India and taken citizenship elsewhere, the number of HNIs in the country is continuously increasing.
India's attractiveness as an investment destination is not based on its low tax rates. Give the super-rich basic amenities in return for the higher tax and they'll stay and pay.
The purpose of Covid cess is to cover for the money spent on vaccination as well as on assisting the poor during the pandemic. But public health is a state subject.
The proposal to tax the super rich, along with the Budget's lack of measures to boost the economy, led to foreigners withdrawing more than $3 billion from Indian shares.
The last time this matter flared up was when Delhi Chief Minister Rekha Gupta, in a very similar directive in April, called for the relocation of stray dogs in the capital.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
Idiots like Piketty must be arrested and put behind bars.
These buffoons have no idea on hiw to create wealth in the first place. But they are full of bizarre ideas when it comes distribution of wealth and equity in society.
Already rich Indians are surrendering the Indian passport in record numbers. It will hardly take anything for the business elites to purchase a citizenship in western European nations.
Idiots like Piketty must be arrested and put behind bars.
These buffoons have no idea on hiw to create wealth in the first place. But they are full of bizarre ideas when it comes distribution of wealth and equity in society.
Already rich Indians are surrendering the Indian passport in record numbers. It will hardly take anything for the business elites to purchase a citizenship in western European nations.