Punjab tightens its noose on tax evaders
The Punjab government tightened its noose on tax evaders by coming out with a comprehensive policy to honour whistleblowers giving reliable information on tax evasion.chandigarh Updated: Jun 15, 2012 11:35 IST
The Punjab government Thursday tightened its noose on tax evaders by coming out with a comprehensive policy to honour whistleblowers giving reliable information on tax evasion.
The policy aimed at involving pubic at large in assuring tax compliance by the traders and industrialists and individual tax payers assures anonymity of the informers besides offering them attractive prizes.
Excise and taxation commissioner A Venu Prasad, disclosing this said that the excise and taxation department had girded up its loins to eliminate the menace of tax evasion from the state by starting this exclusive campaign against the tax evaders.
He said the informers would be awarded confidentially with attractive prizes for helping the department by preventing evasion of taxes. He said that the particulars of the informers would be kept secret and the tax evaders would not be spared at any cost.
The commissioner asserted that under this scheme the firms and dealers involved in preparation of fake bills would also be on target besides the tax evaders concealing the information at Information Centres of department.
He said that informers, who would inform the department regarding dealers and transporters carrying the goods from the railway stations without giving requisite information to the department, would also be awarded.
First Published: Jun 15, 2012 11:30 IST