What is Inheritance Tax? History, Debate and Issues | Perspective | Vajiram and Ravi

Understand the contentious debate surrounding inheritance tax in India with this comprehensive guide. Delve into its history, economic implications, and the ongoing debate on wealth redistribution and social mobility. Learn about the differences between estate tax and inheritance tax and how they impact individuals and families differently. Join the discussion on whether inheritance tax could alleviate wealth inequality or pose economic risks.
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[@user-it6rh2tn2e]

This should be done in india as top 10% have 70% of country wealth...

[@yadavmayank2508]

As what I think that govt. should make a threshold point for inheritance tax so as to save middle class as well also since we are developing nation the inheritance tax should be in single digit only as to just save evasion of companies from India.

[@kushalbhagat1642]

Sir, pls make a comprehensive video on present indian economy 🙏

[@NikhilDewangan11]

Most people strive to earn for their offspring. This will build resentment towards Indian govt for their regressive communist wealth redistribution agenda. As if paying unfair share of taxes for failed welfare schemes wasn't enough. India is not competitive enough in the global market because of such absurd govt interventions in the name of social justice. MSP comes to mind for the water table depletion and environmental impact in the northern states. This just makes the govt machinery enlarged and bloated. Also taking in mind the number of prosperous and skilled population abandoning the country for good in search of better citizenships. I hope The govt and proletariat try to understand the free market principles and strive to work towards being competitive and competent instead of relying on heavy socialist interventions.

[@kaushikiranjan89]

Cess imposition and how its different from other taxes

[@satyadevdevabathina7404]

if there is a concentration of resorces to a particular individual or a private organization definitely there should be the redistribution of resources at the same time if it is 80 or 70 % to pay as a tax that wealthy individual or private organization can manipulate the system and this may casses the curreption as a policy maker we fail to designe this taxation .and by concedring the ethical and moral values we should promote succession and redistribution of wealth at the same time . concerning all these issues the inheritance tax should be 10-25% and collection of tax should be very transparent it should be done by the rule of law

[@devendrachoudharyias]

Inheritance Tax आय के पुनर्वितरण के उद्देश्य से होना चाहिए लेकिन इसके नकारात्मक प्रभाव न्युनतम हो इसके लिए गहन अध्ययन होना चाहिए तथा Inheritance Tax लगने से लोगों में अपनी जीवन की गुणवत्ता वृद्धि के लिए खर्च में वृद्धि संभावित है जिससे आर्थिक गतिविधियों में अधिक गतिशीलता दिखाई दे सकती है।
कर लगाना व्यवहारिक हो तभी लगाया जाए।

[@bindum4587]

At least Immovable properties of More Than Particular Limit That are Inherited must be Taxed at Stamps and Registration Offices.
Initially Property limit to come under Inheritance Tax Net must be High enough so that middle class will not get Effected.The Inheritance Tax should be nominal to Discourage Tax Evasion.
At the same time Finance Commission must cut the grants for the states that are Providing Too many Free Schemes.

[@ajaykumar-lq2ht]

1st comment 😅

[@dharampalyadav2227]

I think inheritance tax hona thik hi hai.. admi khud kamate kamte mar jjata h apne bacho ke kiye aisa admi aram karega thoda ki jyda kama ke kya hi karna