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Pitroda on Wednesday brought up the concept of ‘inheritance tax’ while talking about redistribution of wealth. He reportedly advocated the reintroduction of the inheritance tax that was once prevalent in India
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Sam Pitroda, the chairman of the Indian Overseas Congress, stoked a controversy by commenting on an already hot topic of redistribution of wealth, inviting criticism from BJP leaders including Prime Minister Narendra Modi.
PM Modi on Wednesday made a mention of Pitroda’s remarks during a rally in Chhattisgarh’s Ambikapur, where he said that Congress’s “dangerous intentions” of snatching the assets and rights of people have come to the fore.
“The dangerous intentions of Congress are coming forth one by one and now it says it will impose inheritance tax. The advisor of ‘shehzada’ of the ‘shahi parivar’, who was also the advisor to the shehzada’s father, said that more tax should be imposed on the middle class and those who earn by toiling hard,” Modi said, apparently referring to Rahul Gandhi and Pitroda.
#WATCH | Addressing the Vijay Sankalp Shankhnaad Maharally in Surguja, Chhattisgarh, Prime Minister Narendra Modi says, “The royal family’s prince’s advisor and the royal family’s prince’s father’s advisor had said that more taxes should be imposed on the middle class. Now these… pic.twitter.com/mftRMCol8b
— ANI (@ANI) April 24, 2024
“He (the advisor) said this publicly. Now they (Congress) have gone a step further and Congress is saying it will impose an inheritance tax. It will impose a tax on the assets inherited by people from their parents. Now, the ‘panja’ (Congress poll symbol) will snatch the assets from your children,” the prime minister added without taking any names.
The PM said the Congress’ mantra is “loot of Congress zindagi ke sath bhi, zindagi ke baad bhi”.
#WATCH | Addressing a public rally in Sagar, Madhya Pradesh, PM Modi says, “Congress has now made another revelation. Their hidden agenda has come out. Congress says that it will impose an Inheritance Tax…Congress says it will also impose a tax on the Inheritance received from… pic.twitter.com/8pUBpXMDXv
— ANI (@ANI) April 24, 2024
Pitroda on Wednesday brought up the concept of ‘inheritance tax’ while talking about redistribution of wealth. He reportedly advocated the reintroduction of the inheritance tax that was once prevalent in India.
#WATCH | Chicago, US: Chairman of Indian Overseas Congress, Sam Pitroda says, “…In America, there is an inheritance tax. If one has $100 million worth of wealth and when he dies he can only transfer probably 45% to his children, 55% is grabbed by the government. That’s an… pic.twitter.com/DTJrseebFk
— ANI (@ANI) April 24, 2024
Congress, quick enough to do some damage control, clarified that Pitroda’s comment does not necessarily reflect the party’s stance.
