STOCK MARKET BSE NSE

Govt Informers to Expose Tax Defaulters

Published: 27th May 2015 06:03 AM  |   Last Updated: 27th May 2015 06:03 AM   |  A+A-

HYDERABAD: The State government has introduced a new system of informers to bring tax defaulters to its notice. The move comes in the wake of scores of commercial establishments evading tax in the State.

These informers, who would remain anonymous, will also be rewarded in cash. Each informer will be paid 10 per cent of the revenue generated as a result of the information furnished by him or her. The maximum amount paid to an informer will be Rs  50,000.

The state has decided to reward informers to encourage them to give information about tax evaders.

Stay up to date on all the latest Hyderabad news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp