‘Wealth tax could send billionaires from India to Dubai, impractical,’ says economist on Rahul Gandhi’s equity proposal

‘Wealth tax could send billionaires from India to Dubai, impractical,’ says economist on Rahul Gandhi’s equity proposal

Economist Gautam Sen has cautioned against implementing an inheritance tax in India, citing potential loss of wealth, challenges of redistributing wealth and noting the improvements in living standards achieved through infrastructure and welfare initiatives.

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