Lahore (Pakistan News online) To prevent tax evasion, the Punjab Excise Department has announced a reward for those who identify property tax evasion. This reward will be up to 20 percent of the fine amount.
According to excise officials, citizens and excise employees will be able to get reward money by reporting tax evasion. It was also clarified that tax evasion will also have to pay a fine equal to the tax stolen, while the names of the informers will be kept confidential.
The Excise, Taxation and Narcotics Control Department had proposed a reward scheme called Whistleblower Scheme. The provincial cabinet has approved the reward scheme Whistleblower System. A summary of amendments to the rules for the new scheme will be sent soon.
According to officials, the Whistleblower Scheme will be launched by the end of the current financial year.