Income tax department rejects IRS officers report on hiking tax for super-rich
'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report,' the income tax department said on Twitter
The income tax department today rejected a report by a team of 50 young Indian Revenue Services (IRS) officers suggesting the government to hike income tax rates for super-rich and imposing a Covid-relief cess of 4% for those earning above ₹4 lakh.
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