Inheritance Tax Sparks Flight Risk for Billionaires?

  • Economist Gautam Sen warns a wealth tax proposed by Congress could drive India's richest to relocate.
  • Business leaders like Ambani, Adani, and Tata may choose tax havens like Dubai to avoid inheritance taxes.
  • Sen suggests this exodus could lead to a significant loss of wealth for India.
  • The potential impact of such a tax on investment and economic growth remains a point of debate.

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