New Delhi, Sept. 30 -- Hotmail co-founder Sabeer Bhatia got the Internet talking with his recent controversial suggestion for a 55% inheritance tax, arguing that opportunities should be based on what individuals build.

"If India wants to become a truly competitive nation, it should consider a 55% inheritance tax. Opportunity should come from what you build - not simply from what you inherit," he said on Saturday.

The post sparked intense social media chatter, with critics debating the proposal's viability and warning it would squeeze middle-class pockets. Reacting to the pushback, Bhatia has now reiterated his proposal to clarify his stance, saying the massive tax would impact only the super-wealthy.

"I simply don't agree. Now, what wa...