The Inland Revenue Department is declaring the second biweekly winners of the taxpayer incentive scheme for the month of Shrawan today, awarding seventeen citizens with cash prizes.
Today, the Inland Revenue Department is going to announce results of the second biweekly taxpayer incentive award for the month of Shrawan. The program will be held at Ministry of Finance. Finance Minister Dr. Swarnim Wagle and Finance Secretary Dr. Ghanshyam Upadhyay will announce the lucky winners during the event.
Details of the Prizes and Winners
The winners will be selected from consumers who did legal transactions between Shrawan 16 and Shrawan 31. Total of 17 winners will be chosen for this period. Every winner will receive a prize money of Rs 1 lakh 33 thousand 334. After tax deduction, they will get a net amount of Rs 1 lakh in their hands.
Apart from these biweekly prizes, one lucky participant will also win bumper prize of Rs 10 lakh. However, a 25 percent tax will be applied on this bumper prize money.
Massive Growth in Consumer Participation
According to the department, participation of consumer has increased significantly in the very first month of this scheme. Between Shrawan 16 and Shrawan 31, a total of 3 lakh 57 thousand 149 cash transaction bills were uploaded for the lucky draw. In comparison, only 7 thousand 77 bills were uploaded during the first 15 days of Shrawan.
The number of transactions participating automatically through QR payments also saw huge rise. It increased from 2 crore 56 lakh 8 thousand 94 to 3 crore 20 lakh 86 thousand 380 transactions. The department stated that total participating transactions in the scheme reached 3 crore 24 lakh 43 thousand 229 in last 17 days.
In today’s event, the department will also distribute the cash prizes to those winners who won during the first biweekly period of Shrawan.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
