India, historically, had an inheritance tax system prevalent before 1985. Enacted under the Estate Duty Act of 1953, it aimed to address economic inequality and was designed progressively, with rates reaching up to 85% for estates valued over Rs 20 lakh. However, facing criticism for complexity, litigation, and concerns about double taxation, the estate duty was abolished in 1985. Currently, India does not have an inheritance tax system, and assets inherited through inheritance or a will are not subject to gift tax.