After Independence, there were periods of very high taxation. So you didn't create wealth, how will you distribute it? When was the first time capital gains tax was introduced? It was 1992 March. Till then, everything was taxed one way.
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About Shiv Nadar
Shiv Nadar was a contemporary Indian billionaire businessman and philanthropist. Shiv Nadar is an Indian billionaire businessman and philanthropist. He is the founder and chairman of HCL Technologies, and is chairman of the Shiv Nadar Foundation. Read more on Wikipedia →
Themes
- Time — Reflections on the passage of time and how we spend it