Hotmail’s Sabeer Bhatia wants 55% inheritance tax in India: What happens to your savings and wealth?

Last Update Date: 05-10-2026

Published by India Today

Abhishek Kumar's role: Quoted

Abhishek Kumar said a high exemption threshold linked to inflation would be needed to protect middle-class families, and cautioned that a steep rate could force heirs to sell business assets and discourage long-term saving.

Following Hotmail co-founder Sabeer Bhatia's suggestion of a 55% inheritance tax in India, the article examines what such a tax could mean for families. It looks at exemption thresholds, the family home, family businesses, succession planning by wealthy families, and how an inheritance tax would differ from existing income and capital gains taxes.

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Hotmail’s Sabeer Bhatia wants 55% inheritance tax in India: What happens to your savings and wealth?

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