A report of 50 IRS officers of the I-T department on revenue mobilisation and economic impetus to fight Covid-19 pandemic is ill-conceived, and an act of indiscipline as well as violation of service conduct rules, Finance Ministry sources said. These officers from the Indian Revenue Service (IRS) Association in a report suggested raising tax rate to 40 per cent for those with income above Rs 1 crore, from 30 per cent at present, and levy of wealth tax for those with over Rs 5 crore annual income.
Hence then, the article about covid govt trashes report proposing tax hike was published today ( ) and is available onThe Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Covid: Govt trashes report proposing tax hike )