Too much tax terrorism: Pai as report says 6,500 millionaires will leave India

Infosys' former CFO and Manipal Group Chairperson TV Mohandas Pai reacted to a report that said 6,500 high-net-worth individuals will leave India in 2023, calling the trend "very worrisome". He added, "[Finance Ministry] is making life more difficult for HNIs, too much tax terrorism, too much complex compliance like [the] new TCS." The report was released by Henley & Partners.