1) A study pitches for reintroduction of wealth tax to address inequality
The Economic Times
The study carried out jointly by Ashoka University and think tank Centre for Budget and Governance Accountability (CBGA) has observed that absence of wealth and inheritance tax is regarded as one of the reasons for the lower level of philanthropic giving. Read here.
2) Re-examination of tax incentives to encourage philanthropy urgently required: CSIP Director
The Hindu Business Line
Study says rate of incentives has declined due to policy changes even as lower personal income tax rates and abolition of inheritance and wealth taxes reduce attractiveness of tax incentives. Read here.