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After Independence, there were periods of very high taxation. So you didn't create wealth, how will you distribute it? When was the first time capital gains tax was introduced? It was 1992 March. Till then, everything was taxed one way.
Shiv Nadar
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"After Independence, there were periods of very high taxation. So you didn't create wealth, how will you distribute it? When was the first time capital gains tax was introduced? It was 1992 March. Till then, everything was taxed one way."
— Shiv Nadar #moneywealth

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After Independence, there were periods of very high taxation. So you didn't create wealth, how will you distribute it? When was the first time capital gains tax was introduced? It was 1992 March. Till then, everything was taxed one way. — Shiv Nadar

About Shiv Nadar

Shiv Nadar was a Businessman from India (1945–present).

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Frequently Asked Questions

Who said "After Independence, there were periods of very high taxation. So you didn't cre…"?
This quote is attributed to Shiv Nadar, a Businessman from India.
When did Shiv Nadar live?
Shiv Nadar lived from 1945 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.