scorecardresearch
Add as a preferred source on Google
Tuesday, December 2, 2025
TopicSuper-rich tax

Topic: super-rich tax

Thomas Piketty argues for a wealth tax in India. Govt economists warn of ‘unintended consequences’ 

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.

There are two kinds of rich Indians. One believes in India story, other flees the country

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.

Tax India’s corporates and super-rich more. They can and will take it

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.

‘Covid cess’ will be absurd, anti-stimulus. Modi govt must not bring it in Budget 2021

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.

Next, Nirmala Sitharaman needs to undo the mistakes of her predecessors

Rollback of tax on FPIs & surcharge on capital gains tax only undo wrong done in this year’s budget, not those in decades earlier.

Modi govt rolls back super-rich tax, announces series of measures to revive economy

Finance Minister Nirmala Sitharaman also announced the withdrawal of angel tax provisions citing difficulties faced by start-ups and their investors.

Modi govt considering exempting foreign investors from super-rich tax

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.

On Camera

RSS is warming up to Yogi Adityanath. CM has many more boxes to tick

It’s not just the Opposition parties Yogi Adityanath has to contend with. His detractors within the BJP are no less formidable.

Modi govt’s PM internship scheme saw high attrition in Year 1. Just 30% joined, 41% quit midway

According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.

After Op Sindoor, India goes in for more Heron Mk IIs; Israel frontrunner for mega MALE drones deal

Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.