According to a recent report released on Monday, the richest 1% of Indians-
Rights organization Oxfam International claimed that taxing India’s top ten earners at 5% would generate enough revenue to send all children back to school
A one-time tax on unrealized profits from 2017 to 2021 on just one billionaire, Gautam Adani, could have collected $1.79 lakh crore, enough to hire more than 5 million.
Taxing the top 100 Indian billionaires at a rate of 2.5 percent, or taxing the top 10 Indian billionaires at a rate of 5 percent, would almost cover the total sum.