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Achi news desk-
Morena (Madhya Pradesh): Prime Minister Narendra Modi again lashed out at the Congress over the inheritance tax declaration. After Indira Gandhi’s death in 1984, former Prime Minister Rajiv Gandhi abolished inheritance tax to prevent her estate from going to the government. The Congress now wants to bring back the tax, Modi claimed.
Sins committed by Congress
Addressing a rally in Madhya Pradesh’s Morena, Prime Minister Modi pointed out the sins committed by the Congress. I want to tell you something interesting. When Indira Gandhi died, there was a law that half of her wealth went to the government. The Prime Minister said that Rajiv Gandhi abolished inheritance tax to save property and money from going to the government. He claimed that if the opposition comes to power, it would take more than half of the people’s income through inheritance tax.
Also Read: Congress: Congress is not only against Sanatan but also against ‘Santana’! Thakur Guturu
chest 56 inches I am the wall
Congress now wants to bring back the tax as it has benefited from the wealth passed down by its 4 generations. If the Congress led government is formed, the wealth accumulated by the people will go to the government. BJP will not allow that, they will not let you loot. He promised that I will stand like a wall with a 56 inch chest to stop the Congress from looting the people.
What is an Inheritance Tax Return Dispute?
The President of the Foreign Congress, Sam Pitroda, said in Chicago, America, “Inheritance tax is being raised in America. If someone has assets worth $100 million, he can pass only 45 percent of the assets to his children when he dies. The remaining 55 percent will be taken by the government. This is an interesting law. If you have created wealth during your generation, you should leave half of the property to the public when you die. I like this fair law.
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