Journal Press India®

Revitalization of Inheritance Tax in India

Vol 7 , Issue 2 , July - December 2020 | Pages: 59-68 | Research Paper  

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Author Details ( * ) denotes Corresponding author

1. * Lavanay Gupta, Student, law, O.P. Jindal Global University, Panchkula, Haryana, India (

Inheritance tax (or estate tax as it is referred to in some countries) is a tax levied on the total assets which the deceased has left behind. These taxes are implemented with a common aim that is to achieve social and economic equality. The Constitution of India entrusts the duty upon the government to ensure the policies drafted should aim to reduce the concentration of wealth and reduce the inequality in the society. India, a developing country struggling hard to overcome the wide socio-economic gap, abolished estate taxation in the year 1986. This paper compares India without estate tax with the countries who have successfully implemented the estate tax. The paper concludes with a proposal to implement the estate tax in India once again, so as to utilize the limited resources of the country in the best possible way.


Inheritance tax; Estate tax; Socio-economic equality; Inclusive development.

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  2. Equal Opportunity and Inheritance Taxation. (2007). Harvard Law Review121(2). Retrieved from
  3. Kumar, R. (2018). Poor country, rich history, many lessons: The evolution of wealth-income ratios in India 1860-2012. SSRN Electronic Journal. doi: 10.2139/ssrn.3111846
  4. Piketty, T., & Goldhammer, A. (2014). Capital in the Twenty-First Century. Harvard University Press.
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