Indian government brushes off Indian tax officers' proposal for coronavirus tax on super rich

MUMBAI (Reuters) - A group of Indian Revenue Service officers have recommended taxing the super rich, and foreign companies, to help pay for the coronavirus economic fallout, but the government brushed off the idea, saying it did not reflect official views.Some 50 officers of the Indian Revenue Service (IRS) recommended raising the highest tax rate to 40% for people with annual income above 10 million rupees (106,032 pounds) or a wealth tax for those with net worth of 50 million or more in a..