Government offers Rs1 million lottery to shoppers demanding tax invoices
Summary
The government has launched a lottery scheme offering cash prizes up to Rs1 million for consumers who request tax invoices, aiming to boost tax compliance and revenue collection.
Key Points
- The government introduced a lottery scheme that rewards consumers asking for tax invoices with cash prizes up to Rs1 million.
- Consumers paying digitally are automatically entered, while cash payers must register invoices on the IRD website or app.
- Lottery draws occur twice a month, selecting winners through a computerized system in the presence of officials and media.
- A 25% windfall tax is deducted from prizes, with unclaimed money going to the Prime Minister’s Disaster Relief Fund.
