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Inheritance Tax: If implemented, who will bear the brunt – HNIs alone or middle-class too? Financial Express

The debate over inheritance tax—a tax imposed on the transfer of property and assets from a deceased person to their beneficiaries—has refused to die down ever since technocrat-turned-Congress leader Sam Pitroda raised this issue just after the first phase of the Lok Sabha polls. With only two rounds of polls over and another five to go, the debate around inheritance tax seems to be intensifying as the top leaders of the ruling BJP are not leaving any chance to criticize the Congress over Pitroda’s remarks. However, Congress has already distanced itself from Pitroda’s comment

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