This new initiative by the revenue department has spooked several high net-worth individuals (HNIs), while some others are happy with the idea. With income-tax offices across India set to invite up to top 100 tax payers in their regions for felicitation, several of these individuals have red-flagged data-privacy.
Rakesh Nangia, Managing Partner shares his views on Tax dept’s felicitation of highest tax payers makes HNIs nervous for Economic Times.
