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Tuesday, November 11, 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

BBC scandal: Britain’s elite establishment is rapidly sinking

The impact of all this upheaval is unmooring. We search for the BBC to confirm that Britain still exists and find it missing.

India’s factory data may get reality check in MoSPI’s new IIP plan, defunct factories to be dropped

MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.