'Wealth tax unlikely for now, there are easier ways of taxing super rich'

WITH Budget 2026 around the corner, the issue of whether there is a possibility of bringing back wealth tax sparks debate.

- PUSHPITA DEY @New Delhi

Experts argue even if there isa need to bring back this tax, it is unlikely to be implemented soon. They cautioned that bringing back such tax can lead to more outflow of wealth and migration of high net individuals. Though, the government may think of bringing alternate taxes such as gift tax or estate tax, suggested experts.