According to Pitroda, 55 percent inheritance tax is levied in America and 55 percent stake is taken by the government there. He said that the property should be left to the public."If a person has assets worth US$10 million, after his death, 4 percent of the asset goes to his children and 55...
New Delhi [India], Sam Pitroda's comments on the debate over a possible inheritance law in the country have turned into a major controversy. Amid several BJP leaders targeting Pitroda, the Indian Overseas Congress president on Wednesday attempted to clarify his position, saying the comments were...
New Delhi [India], Bharatiya Janata Party leaders on Wednesday criticized SA Pitroda over his remarks on wealth redistribution, where the Indian Overseas Congress president advocated an inheritance tax law in the country, while the Congress distanced itself from the comments. Brushing it off...
By Siddharth Sharma Chicago [US] Responding to Prime Minister Narendra Modi's attack on the Congress manifesto and 'Mangalsutra jibe', Indian Overseas Congress President SA Pitroda said the Prime Minister thinks the Indian audience is stupid and he should be easily manipulated. Can be tricked by...
New Delhi [India]: After Indian Overseas Congress president Sam Pitrod supported the party's stand on wealth redistribution, BJP IT cell chief Amit Malviya on Wednesday hit out at the Congress party and said, "Congress has The post says, “Sam Pitroda now advocates 50 per cent inheritance tax to...
By Siddharth Sharma Chicago [US], Indian Overseas Congress President Sam Pitroda has supported the party's stance on wealth redistribution and advocated for an inheritance tax in the country. Emphasizing the need for a policy towards wealth redistribution, Pitroda elaborated on the concept of...
Thiruvananthapuram (Kerala) [India], Indian Overseas Congress (IOC) Secretary Virendra Vashishtha said that under the leadership of Sam Pitroda, the IOC has changed the idea of publicity and taken it to the micro level. Virendra Vashishtha said, "In Thiruvananthapuram, George Abraham, the IOC...
Chicago [US], Indian Overseas Congress President Sam Pitroda has expressed confidence of the Congress and the Indian faction doing well in the Lok Sabha elections and said Indian voters have a tendency to surprise, "Let's wait two months and we'll know. There is no need to guess what will happen...