Steel tycoon Lakshmi Mittal is preparing to leave Britain. Rising taxes may force him to relocate to Dubai or Switzerland. Britain’s eighth-richest person (with a net worth of ₹1.8 lakh crore) is facing the brunt of the Labour government’s new rules—20% exit tax, 18% capital gains tax, and 40% inheritance tax. The loss of non-dom status is driving many wealthy individuals to leave the country.