@article {article1040, title = {Charity won't solve inequality}, author = {Ajit Ranade}, journal = {Foundation of The Billion Press}, date = 2017-12-02, year = 2017, url = https://www.thebillionpress.org/columns/business/charity-wont-solve-inequality-1040, Abstract = { Inequality cannot be remedied merely by depending on the goodwill and moral compulsions of the very rich. We have to acknowledge that India has one of the lowest direct tax-to-GDP ratios. We do not have inheritance tax. We have exemptions, which enable large capital gains to go tax free.} }