Wealth tax rollback historic: Bhupinder Singh Hooda

Describing the Centre`s decision of not imposing wealth tax as historic, Haryana Chief Minister Bhupinder Singh Hooda today said it will benefit the farming community in long run.

SAD-BJP pressure forced withdrawal of farm wealth tax: Badal

The Centre`s move to withdraw the proposed wealth tax on agricultural land was an outcome of the relentless pressure mounted by the SAD-BJP alliance, Punjab Chief Minister Parkash Singh Badal said on Tuesday.

SAD withdraws statewide protest against wealth tax

Shiromani Akali Dal on Tuesday postponed the proposed statewide protest, scheduled to be held on May 2, against the Centre`s decision to impose wealth tax on farmers owning land within eight km of urban areas.

Badal writes to PM; seeks intervention on wealth tax issue

Punjab Chief Minister Parkash Singh Badal today sought Prime Minister Manmohan Singh`s intervention to ensure that agriculture lands are not brought under the ambit of Wealth Tax Act.

Mark Zuckerberg and the case for a wealth tax

When politicians talk about taxing the rich, a common rejoinder is that income is not the same as wealth, and it’s wealth, not income, which really makes you rich.