Tax compliance pays dividends, says Punjab Finance Minister
Punjab Finance Minister Harpal Singh Cheema on Sunday announced the success of the Bill Liayo Inam Pao scheme, which has rewarded 3,592 winners with prizes of Rs 2,11,42,495 for uploading their purchase bills on the ‘Mera Bill’ app till December.
Cheema said this innovative scheme, launched in September 2023, aimed to promote tax compliance and reward honest taxpayers, has successfully encouraged consumers to upload 1,27,509 bills since its inception.
He said that the prizes of Rs 1,59,93,965 have already been distributed among 2,752 winners. “As many as 247 winners, winning prizes of Rs 15,02,010, have been declared for November 2024,” he said in a statement.
Highlighting the significant impact of the scheme in curbing tax evasion and increasing revenue for the state, Finance Minister Cheema lauded the scheme for its effectiveness in promoting transparency and accountability in tax collection.