The Federal Board of Revenue (FBR) has announced a reward scheme for raising revenue. FBR officials say send us sales tax receipts and win prizes. The more receipts, the more likely you are to win a prize. The first prize will be Rs. 10 lakhs, second Rs. 5 lakhs and third Rs. 2.5 lakhs.
The Federal Board of Revenue (FBR) is offering a revolutionary step, offering taxpayers a monthly reward of Rs. 53 million. The FBR has announced a reward scheme for purchases from retailers affiliated to POS.
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According to FBR officials, crores of prizes will be given through lottery every month. The first prize will be Rs. 1 million. The two prizes will be worth Rs 5 lakh. The third prize will be Rs. 250,000 which will consist of four prizes.
The spokesman said that the fourth prize would be Rs. 50,000 and one thousand prizes would be given. Prizes of Rs. 53 million will be given every month.
According to FBR spokesman Asad Tahir Japa, the first draw will be held on January 15 at the FBR headquarters in Islamabad. In December 2021, shoppers from POS-affiliated retailers will participate in the draw.
The spokesperson further said that people should participate in the reward scheme by buying from retailers affiliated to POS. The FBR is launching an advertising campaign on December 11, 2021 to guide the public. There is a golden opportunity for the taxpayers to join the lottery by sending the receipt of their collected sales tax to FBR. This will reduce sales tax evasion across the country and provide rewards for taxpayers.