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Inheritance tax row: Why did India abolish it in 1985? | Other countries with same law

On April 24, Sam Pitroda, the chairman of the Indian Overseas Congress, an arm of the grand old party created a flutter by bringing up inheritance tax while defending the Congress’ wealth redistribution narrative. It is a fact that India did have a contentious inheritance tax law until four decades ago. It was in fact abolished in 1985, a year after Rajiv Gandhi assumed prime ministership. But why was it repealed? Watch to find out.

first published: Apr 26, 2024 04:55 pm

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