Inheritance Tax in India: `Inheritance tax interesting law...`, says Sam Pitroda

Sam Pitroda on Inheritance Tax in India: Indian Overseas Congress President Sam Pitroda has advocated inheritance tax. He has said that there is inheritance tax in America. If someone has assets worth $100 million and when he dies he can transfer only 45 percent to his children. 55 percent is grabbed by the government. This is an interesting law.