RBI chief Raghuram Rajan disapproves inheritance tax idea

23-Feb-2015 #Globalwealth Source: Business Today
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RBI governor Raghuram Rajan has called for a cultural change rather than a blanket inheritance tax. He points to the western corporate world, where they have a better way of dealing with the issue by shaming them into giving it away so that they feel that they are participating in it of their own will.

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