Tax the rich: Three IRS officers chargesheeted, explanation sought from 50 officials for controversial report

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Image Source : PTI

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Three senior Indian Revenue Service (IRS) officials have been on Monday chargesheeted for ‘creating coverage uncertainty and panic by unauthorisedly publishing tax hike report and misguiding youthful officers,’ information company ANI quoted its sources as saying.

In addition, the authorities is believed to have sought an explanation from 50 IRS officials who have been incharge of placing out the controversial report, which amongst different solutions proposed elevating the tax price to 40 per cent for these with revenue above Rs 1 crore, from 30 per cent at current, and levy of wealth tax for these with over Rs 5 crore annual revenue.

These officers had put out a reported titled ‘FORCE (Fiscal Options & Response to the COVID-19 Epidemic’).

They additionally prompt levy of a COVID Relief Cess of four per cent on these with taxable revenue of greater than Rs 10 lakh to assist mobilise income for funding the aid work. The Finance Ministry, sources mentioned, has directed Central Board of Direct Taxes (CBDT) Chairman PC Mody to hunt an explanation from these officers for writing such ‘ill-conceived views’ in public with out having any authority to take action. The ministry mentioned that neither IRS Association nor any group of officers talked about in the mentioned report have been ever requested by the authorities to provide any report on the topic.

“It was not even part of their duty to prepare such a report. Therefore, it is prima-facie an act of indiscipline and violation of conduct rules which specifically prohibits officers to go to media with their personal views on official matters without taking prior sanction or the permission of the government. The concerned officers will have to explain their misconduct,” one in all the sources cited by PTI mentioned.

They additional mentioned that the solutions given in the report don’t replicate views of the CBDT or the Finance Ministry. The report, dated April 23, was submitted to the CBDT Chairman. The ministry sources additional mentioned that releasing the report in the media via IRS Association’s twitter and the web site is ‘an irresponsible act’ of few officers.

In a tweet, IRS Association mentioned: “The paper FORCE by 50 young IRS officers suggesting policy measures had been forwarded by IRSA to CBDT for consideration. It does not purport to represent the official views of the entire IRS, or the IT Dept.”

(with PTI inputs)

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