Thursday, April 15, 2021
Home News Reports 3 senior IRS officers chargesheeted for creating uncertainty and panic by publishing unauthorised tax...

3 senior IRS officers chargesheeted for creating uncertainty and panic by publishing unauthorised tax hike report, stripped of charge

Following the action taken by CBDT, netizens speculated whether the FORCE report was selectively leaked to certain media outlets before officially being put up by IRS Association to create panic.

The Central Board of Direct Taxes (CBDT) on Monday issued chargesheet to three senior IRS officers under Rule 14 of CSS (CCA) Rules, 1965 over violation of rules and divested them of the current responsibilities. As per reports, the action was taken by CBDT for their role and and complicity in preparing the ‘tax hike’ report titled FORCE which was circulated in the media since April 25.

One of the officers, Prashant Bhushan, is the general secretary of the IRS Association and his wife is a Congress MLA from Begusarai in Bihar. Other officer chargesheeted is Prakash Dubey, currently posted at the DoPT and is the joint secretary of the IRS Association. The third officer Sanjay Bahadur is 1989 batch IRS officer and is currently posted as Principal Director, Investigation, North-East region.

According to ANI, government sources say that despite 30 years of experience in the service, these senior officers failed to exercise due care and misguided 50 young officers. The sources informed ANI that the government would have listened to the young officers and would have given due consideration. However, instead of sending the report to the government via official channel, the three senior officers misguided them and put out the report in public domain creating panic and anxiety.

Initial probe by the CBDT shows that the FORCE report created panic and tax policy uncertainty at a time when India is already going through a difficult economic situation amidst the coronavirus lockdown.

Netizens speculate selective leaking of FORCE report

Following the action taken by CBDT, netizens speculated whether the FORCE report was selectively leaked to certain media outlets before officially being put up by IRS Association to create panic. As Twitter user and lawyer Ketan Bhate pointed out, Shekhar Gupta’s ThePrint published the report on FORCE report on 25th April 2020 and it was shared on social media at 9:08 PM.

ThePrint report shared on social media at 9:08 PM on April 25. (image courtesy: @BhateKetan on Twitter)

IRS Association also retweeted this ThePrint report. Further, the IRS Association shared the report through its official handle over 30 minutes after ThePrint published the story.

IRS Association tweeting FORCE report at 9:50 PM, over half an hour after ThePrint report (image courtesy: @BhateKetan on Twitter)

FORCE report

In the contentious report, the IRS officers suggested introducing the ‘wealth tax’, over-burdening the rich, and charging an additional 4% cess to bridge revenue deficit caused due to the Wuhan Coronavirus outbreak. As per the 43-page report, the Government can earn up to ₹18,000 crores by implementing the suggested proposals.

One of the recommendations of the report was the introduction of the wealth tax to be charged to those with a net worth of ₹5 crores or more. Besides, the IRS officers suggested levying a one-time 4% ‘COVID Relief Cess’ on individuals with more than ₹10 lac annual income. Moreover, the document also proposed taxing individuals with more than ₹1 crore annual income at 40%, which is 10% higher than the current 30%. As such, the income tax liability on such individuals will be close to 56%.

Along with the above measures, the IRS officers also recommended increased surcharges for foreign companies in India, creation of an amnesty scheme to collect unpaid tax, sanctioning of ‘Coronavirus Savings Certificates’ for investments not more than ₹2.5 lacs for 5 years, taxation of multinational firms making royalty payments to their parent companies and 3% equalisation charge to e-commerce companies.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Hindu leader in Panipat explains why he thought it is necessary to come out in streets in support of Yati Narsinghanand Saraswati

A Muslim mob came face to face with Hindu organisations who carried out a sit-in vigil in support of Yati Narsinghanand Saraswati

Amdavad Municipal Corporation introduces ‘drive through’ RTPCR testing as COVID-19 cases surge in the state

First ever drive-through RTPCR testing centre opened in Ahmedabad, Gujarat as the state battles Chinese coronavirus

UP govt ramps up measures to fight the resurgent COVID-19 outbreak, airlifts 25,000 doses of Remdesivir using govt plane from Gujarat

The Uttar Pradesh government is working on a war-footing to blunt the second wave of the COVID-19 outbreak

One more video of a mob calling for beheading Yati Narsimhanand Saraswati for ‘insulting Prophet Muhammad’ goes viral

Muslims across the country are demanding the beheading of Yati Narsimhanand Saraswati after his comments criticising Islam

Tours and travels operators in Mumbai issuing fake COVID-19 negative reports for Rs 300: Report reveals

As people in Mumbai rush to get out of Maharashtra amidst worsening coronavirus outbreak, travel agents are arranging bogus COVID-negative reports for Rs 300 to Rs 500 to enable their exit.

Maha COVID-19 crisis: Hospital beds and ventilators running short, scarcity in oxygen and Remdesivir supply, and inordinate delays in testing

Maharashtra is in a midst of a resurgent coronavirus outbreak as the state has reported over 60,212 fresh COVID-19 cases on Tuesday

Recently Popular

Pfizer wanted Brazil, Argentina to put military bases, Federal reserve as collateral: Why India kept Pfizer away and how the usual suspects are wrong

Pfizer has been accused of countries in Latin America of pledging their sovereign assets, military bases and financial reserves to protect itself from any adverse fallout of the vaccine

OpIndia Exclusive: Tata Communications suffers data leak, hackers claim to have sold access to company’s servers, over 50GB data still up for sale

As per two posts by hackers on a hackers' forum, they have gained access to Tata Communications servers and sold them.

What happened in Chhabra after Hindu man was stabbed by Muslim men: Call for peace, attack on a Hindu the next day and more

On April 12, the administration extended curfew for one more day at Chhabra, Baran district in Rajasthan after the communal riot

Attempts to draw false equivalence between the Kumbh Mela and Tablighi Jamaat congregation do not make sense: Here’s why

Attempts are being made to draw false equivalences between the Kumbh Mela and the Tablighi Jamaat congregation last year.

It’s a lung… it’s a burnt toast… it’s a duck pic… No! It’s a painting by Mamata Banerjee

Mamata Banerjee did not appear in any election rallies or gave any statement regarding the ongoing Assembly elections in West Bengal after Election Commission banned her from campaigning for 24 hours

Mayor Sadiq Khan vows to bring the Indian Premier League to London to boost his reelection chances: Details

London mayor Sadiq Khan promises to bring the Indian Premier League to the British capital as part of his reelection campaign.
- Advertisement -

 

Connect with us

254,077FansLike
529,110FollowersFollow
24,200SubscribersSubscribe