"Listen with your ears wide open. When 'sister' Indira Gandhi passed away, there was a law by virtue of which half the portion of the inherited wealth would go to the government. There was a buzz then that Indiraji had willed her wealth to her son Rajiv. To save the inheritance from going to the government, Rajiv Gandhi abolished the tax," the prime minister said.
He further charged at a poll rally in Morena in Madhya Pradesh that after benefitting from the abolition of estate duty -- a levy imposed on inherited movable and immovable assets -- the Congress wants to bring it back. It is doing so after its four generations have reaped the benefit of the wealth passed on to them, he added.
This story is from the April 26, 2024 edition of The Free Press Journal.
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This story is from the April 26, 2024 edition of The Free Press Journal.
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