Cash Rewards Announced for the Whistleblowers by Federal Board of Revenue

FBR

The whistleblower or the informers registered with the FBR-Federal Revenue Board would have been entitled to a 20 percent payout at the rate of up to a limit of Rs. 5 million from the evaded amount of the tax involved in just one case.

The FBR released these new Inland Revenue Incentive rules of the year on Friday, 2021, for Inland Revenue officers, like the “Informer,” or the “Whistleblower,” who are not even employees of the FBR.

FBR submitted that the information should be given by the informers or informants as solid evidence leading conclusively to the identification of tax evasion and to the formulation of the evaluation and reassessment, including the subsequent recovery of tax evasion.

The recent notification released by FBR suggested that new guidelines for the restructuring of reward schemes have been issued and that it is separate from continuous time and that meritorious services, along with any other exceptional or outstanding type of performance that is a uniform incentive authority for the detection of tax avoidance or evasion, should be established instead of meritorious services.

In like no scenario, the award sum for an exceptional or superb result would be less than 12 and higher than 24 salaries, such as any of the officers or staff members participating in the assigned mission, in like any single event.

Detection as well as the assessment or recovery of the tax sought to be avoided; meritorious services and exemplary performance of the sort, along with the type of laws specified.

Meritorious services involving outstanding performance in any of the areas or in a combination of the following fields have been defined:

Showing outstanding results in the recovery of arrears; achieving budgetary goals by excellent preparation and focused efforts; exceptional success in defending cases through the Departmental Members as before the ATIR; broadening the taxpayer base by including a large number of new taxpayers who will contribute to the revenue.

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