CONGRESS’S INHERITANCE TAX PROPOSAL SPARKS POLITICAL CONTROVERSY

The proposal for an inheritance tax in India, advocated by Indian Overseas Congress chairperson Sam Pitroda, has stirred controversy amidst a political battle over wealth redistribution. Pitroda likened it to the US system, where a portion of inherited wealth is taxed. The BJP condemned the idea as “property snatching,” while Congress distanced itself from Pitroda’s remarks. The concept, supported by other Congress leaders, aims to address wealth inequality by redistributing inherited wealth to benefit the public. However, the proposal faces skepticism and opposition, with its impact on voter support for Congress remaining uncertain amid political tensions over economic policies.