Do we need to fear Inheritance Tax ?

A deeper dive into tax politics reveals some eye-opening facts. . . .


30 April 2024 · Tuesday

Good evening, WeekendInvestor

Today’s Daily Byte

So the month comes to an end. And what an end it was. The Nifty actually went to a new all-time high just above 22,783 actually, and then collapsed back in the last one and a half hours. Last four sessions have been extremely robust in terms of the direction.

The Tuesday session has sort of taken a backseat because Wednesday is a trading holiday and people don’t want an extended risk to remain open on such days. And possibly that is why a sell-off happened today also.Sell-off many times happens whenever a market tries to go to its previous high. You can see it also happened beginning of April when the market opened at or above the previous high. It immediately collapsed but then recovered. And so it can happen many times where double top kind of pattern sellers emerge.

This move . . .

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Do we need to fear Inheritance Tax ?

Inheritance tax and wealth redistribution have become heated topics of debate in recent times. With elections looming, political rhetoric is at its peak, and various proposals are being thrown into the ring. While it’s essential to understand the context, it’s equally crucial not to get swept up in the political frenzy.

A deeper dive into tax politics reveals some eye-opening facts. For instance. . . . .

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