India, Aug. 6 -- In this article, I have divided my view into two parts. In the first, I have asked why the super-rich must pay their fair share in nation-building and other avenues to raise future revenues. The second half is a plea to facilitate and enthuse the industry instead of throttling India Inc, the golden goose that pays taxes and creates jobs.

"Gandhiji's trusteeship principle stated that legitimate profit earnings cannot be devoid of social responsibility." This means individuals, who are recipients of windfall gains unprecedented in the economic history thus far, must pay their fair share of progressive taxation on income - whether it's the highest high net worth individuals (HHNI), the affluent farmers or CSR non-compliant ...