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Looper

If nothing goes righ...ย โ€ขย 1y

Just now read a article on inheritance tax from finshots. Like literally the rule in some countries is that you need to give 55 % of it to the government and you will get just 45 % of it. Maybe it could be a great idea for money inequality and low population nations. But India is over populated and if this going to be done in india. Then money will go no where. All that happens is economy loss. People purchase less. Companies can go down. I feel this is the biggest trick to make a growing country let down. The article also says that there are chances that India also get back this rule. What do you guys think about it afterall?

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CA Manohara Madineni

A seasoned professio...ย โ€ขย 1y

https://www.linkedin.com/posts/reachmanohar_inheritancetax-familyoffice-tax-activity-7190592592663793665-jQq3? There are always means and ways of tax planning, people would keep this in trusts instaed of having it on individual names.

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