Government Launches Taxpayer Incentive Lottery Program
Summary
The Ministry of Finance has launched a taxpayer incentive lottery program to encourage consumers to ask for VAT bills and reduce tax evasion. Finance Minister Dr. Swarnim Wagle selected the first winners through a computerized lucky draw, with a bumper prize of Rs 10 lakh going to a shopper in Kanchanpur.
Key Points
- The Ministry of Finance and the Inland Revenue Department have started a taxpayer incentive gift program based on a lottery for consumers who take bills when buying goods and services.
- Finance Minister Dr. Swarnim Wagle announced the winners through a computer-based lucky draw, while officials said the process is transparent and impartial.
- A shopper in Punarbas Municipality, Kanchanpur won the bumper prize of Rs 10 lakh, and daily winners will receive Rs 1,33,334 each.
- The program promotes billing culture, formalization of the economy, and digital payments, and is modeled on similar schemes used in countries such as Taiwan, Italy, Portugal, and China.
