Sunday, 26 April 2020

Tax super-rich, Covid relief cess, says proposal

Raising the tax slab for super-rich and a Covid relief cess are among a raft of proposals that have been recommended in a policy paper prepared by 50 young tax officers which has been submitted to the Central Board of Direct Taxes (CBDT). Titled as FORCE (Fiscal Options and Response to Covid-19 Epidemic), the policy paper hasa string of measures to raise revenues and provide relief to the economy battered by the pandemic.

from Times of India https://ift.tt/2y2KvlQ
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