India, Thomas Piketty

Tax the Wealthy: Piketty's Call for India to Address Inequality
French economist Thomas Piketty urges India to tax its super-rich to mitigate inequality. At a Delhi event, he proposed taxing fortunes above 100 million rupees. The government's economic adviser disagreed,
Higher Taxes On India’s Super-Rich Soon? Renowned Economist Thomas Piketty Calls On India To Bridge Wealth Gap
French economist Thomas Piketty has called on India to impose higher taxes on its wealthiest citizens as a step toward reducing inequality. He proposed introducing a 2 per cent annual wealth tax on individuals with assets over Rs 100 million ($1.
'22.6% of income': Why Thomas Piketty thinks India must tax its super rich now
India abolished its wealth tax in 2015 and has resisted calls to reintroduce it. Finance Minister Nirmala Sitharaman has argued against an inheritance tax, citing potential burdens on the middle class.
INDIA-ECONOMY-PIKETTY:India must do more to tax its super-rich, France's Piketty says
In 2022-23, he added, the richest 1% of India's population controlled 22.6% of the national income and held 40.1% of the nation's total wealth. Speaking at the same event, the Indian government's chief economic adviser, V. Anantha Nageswaran, opposed Piketty's call, saying higher taxes could lead to higher overflows.
Thomas Piketty: ‘Can’t tax upper middle class more if very top not taxed at higher rate’
Thomas Piketty, who co-founded the World Inequality Lab and the World Inequality Database, said, the difference between the India of 1960s, 1970s and now is “a level of billionaire wealth, which we have never seen before”.
India must do more to tax its super rich, says Economist Thomas Piketty
French economist Thomas Piketty urged India to tax the super-rich to address inequality, advocating a 2% wealth tax and a 33% inheritance tax.
India must do more to tax its super-rich, France's Piketty says
India should do more to tax its super-rich given its high levels of inequality, French economist and author Thomas Piketty said on Friday.
Low productivity trap, inability to expand tax base risks if top 500/ 1,000 richest persons not taxed at higher rate: Piketty
In an interview with The Indian Express, Piketty, who teaches at the Paris School of Economics, says not taxing top 500 or ...
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India must do more to tax its super-rich, says economist Piketty
REUTERS NEW DELHI — India should do more to tax its super-rich given its high levels of inequality, French economist and author Thomas Piketty said on Friday. The writer of the best-selling book ...
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Thomas Piketty Calls Reducing Inequality Key to India's Growth; Faces Pushback from Indian Economists
Piketty stirred significant debate with his study which claimed that contemporary India exhibits even greater inequality than ...
French economist Thomas Piketty for emulation of 20th-century wealth tax
India abolished wealth tax in 2015, holding that it had become burdensome to the administration without substantial collections ...