Suit-boot nationalism

Taxing inherited wealth of foreigners of Indian origin offers a means to strike a balance between national interest and individual liberty, but it may not see the light of day

The convenor of the Swadeshi Jagran Manch, (an economic policy platform affiliated to the Rashtriya Swayamsevak Sangh), Ashwani Mahajan, recently argued that foreigners of Indian origin should not be allowed to repatriate inherited wealth over the $1 million allowed under existing rules, as some influential people have been lobbying the government to do. I agreed with him. However, I dislike banning things, so suggested that all inheritance repatriation abroad should be allowed but taxed, putting the national interest first.

It is not desirable that wealth earned in India by Indians should be repatriated to foreign countries as inheritance, as this