Govt not considering COVID cess, to act against Income Tax officers for leak
27-April-2020
A proposal by a group of Income Tax officers on tax proposals for revenue mobilisation under the lockdown is not under the consideration of the government, sources said.
Sources said the FORCE proposal which was leaked on Sunday is not being considered by the government.
The government will take stern action against those Income tax officials who acted overzealous and caused the leak.
Increasing the tax rates on the rich, levying a Covid cess, and increasing the surcharge on MNCs were among the measures suggested by a group of Indian Revenue Service (IRS) officers to boost revenue mobilisation as a response to the reduced economic activity and lower collections during the pandemic.
In a paper sent to the Central Board of Direct Taxes (CBDT), a proposal has been prepared jointly by a group of 50 Indian Revenue Service (IRS) officers of the Income Tax Department on policies and suggestions for meeting the challenges in the process.
"Working from home, they have come together to leverage their combined knowledge, experiences, and commitment to building a healthy, strong and prosperous India. The paper, titled 'FORCE' though reflective of their young energy and idealism, stands for – Fiscal Options & Response to Covid-19 epidemic," the IRS Officers Association said.-IANS
Mumbai Dethrones Beijing as Asia's Billionaire Capital, India Climbs to Third Globally
Jungle House: A Royal Summer Getaway Perched Amidst Shimla's Ancient Woods
Kangana Ranaut In Mandi Says Politics For Her Is A Way To Work For Society
Bizarre Poll Promise By Trinamool's Celebrity Candidate Draws Criticism
Mining Baron-Turned-Politician Janardhan Reddy Merges Party with BJP Ahead of Lok Sabha Elections