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.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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.