Nation

Three IRS officers suspended after suggesting income tax hike to fight coronavirus

A day after a group of 50 Indian Revenue Services officials suggested raising income tax levies on tax-payers as a measure to reconstruct the coronavirus-ravaged economy, three of the key officials among them were suspended late on Monday evening.

The charges have also been framed against them for a conduct rule violation.

Those place under suspension are — Prashant Bhushan, a 1988 batch IRS officer, and general secretary of the Indian Revenue Service Association, Prakash Dubey, joint secretary of the IRS Association and Sanjay Bahadur.

They have been charged with getting young income tax officers to prepare a report which was placed in the public domain by the IRS Association.

In a report named FORCE, these officials had suggested an upward revision in income tax rates for the super-rich to 40,% from the existing 30%, bringing back of inheritance and wrath tax and a COVID-19 relief cess of 4% on those with a taxable income of Rs 10 lakh.

The finance ministry distances itself from the report calling it ill-conceived and irresponsible ours after the report went viral on social media and the government came under attack for levying an additional tax burden on people already rendered helpless by coronavirus.

By Sisel Soman – COO

News is information about current events. News is provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, and also on the testimony of observers and witnesses to events. It is also used as a platform to manufacture opinion for the population.

Contact Info

West Bengal

Eastern Regional Office
Indsamachar Digital Media
Siddha Gibson 1,
Gibson Lane, 1st floor, R. No. 114,
Kolkata – 700069.
West Bengal.

Office Address

251 B-Wing,First Floor,
Orchard Corporate Park, Royal Palms,
Arey Road, Goreagon East,
Mumbai – 400065.

Download Our Mobile App

IndSamachar Android App IndSamachar IOS App
To Top
WhatsApp WhatsApp us