Government Launches Taxpayer Incentive Program
Summary
The Government of Nepal has launched the Taxpayer Incentive Gift Program to encourage bill and voucher use and strengthen VAT collection. Winners for the first 15 days of Shrawan have been announced, including a bumper prize of Rs 1,000,000.
Key Points
- The Government of Nepal formally launched the Taxpayer Incentive Gift Program announced in the current fiscal year budget.
- The program aims to promote billing culture and make the economy more transparent while supporting VAT as a sustainable revenue source.
- Sixteen gift winners were selected for Shrawan 1 to 15 through cryptographically secured random sampling, including a bumper prize winner of Rs 1,000,000.
- The Inland Revenue Department said winners can claim prizes from the nearest Inland Revenue Office within 15 days.
