Mon, Jan 17, 2022
Gift Tax was introduced in 1958-59 by former prime minister Jawahar Lal Nehru. Nehru, who was also the finance minister at that time, presented the gift tax provision during the union budget presentation. Watch the full video to know why exactly this tax was introduced.
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Mon, Oct 09, 2017
Inheritance tax popularly known as estate tax or estate duty was levied at the time of inheriting any assets. It was abolished during the Rajv Gandhi rule in 1985.
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