May 01, 2024 16:30 (IST)
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Centre rejects report by IRS officials suggesting Income Tax hike, calls it ill conceived

New Delhi/ IBNS: The Centre has rejected a report prepared by a group of IRS officers that suggested a 40 per cent hike in the income tax rate, a 4 per cent Covid-19 relief cess and imposing a super-rich tax, finance ministry officials have said, reported media.