Inheritance Tax: Meaning, Need, Significance and Challenges | UPSC
Introduction: Inheritance tax, also known as estate tax, is a tax imposed on the assets of a deceased person before those assets are passed on to their heirs or beneficiaries and is to be paid by the person inheriting the fortune. The tax is usually based on the total value of the deceased person’s estate, […]
Inheritance Tax: Meaning, Need, Significance and Challenges | UPSC Read More »