India’s richest 1,688 hold wealth equal to half the GDP; report urges wealth tax
Calling for the introduction of a wealth tax, a report has revealed that a 2%–6% levy on 1,688 ultra-rich individuals in India could generate over ₹10 lakh crore annually for welfare spending, challenging the government’s claim of limited resources.
The report, “Wealth Tracker India 2026,” rel...
