Modi blasts proposal for US-style wealth law ...News

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Modi blasts proposal for US-style wealth law
source : Russia Today ( News ) () 33
The prime minister launched a scathing attack on the opposition over alleged plans to “snatch” people’s earnings Indian Prime Minister Narendra Modi has launched a scathing attack on the opposition National Congress Party, accusing it of planning to “snatch” people’s property following suggestions of a new US-style inheritance law. The prime minister’s comments came after Sam Pitroda, chief of the Congress’s overseas faction, suggested that India could look at a 50% inheritance tax, similar to the one enacted by the US. Pitroda, who acted as adviser to Modi’s predecessor, Manmohan Singh, when the Congress govern

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