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May 24, 2024, 05:24 PM - 2 min read
A recent research paper co-authored by economist Thomas Piketty has proposed imposing a 2 per cent tax on net wealth exceeding Rs 10 crore and a 33 per cent inheritance tax in India. Titled 'Proposals For a Wealth Tax Package to Tackle Extreme Inequalities in India,' the paper suggests this tax package to address the growing wealth disparity in the country.
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