In one of the latest circular the Central Board of Direct taxes has offered has offered rewards to the informants leading to Tax recovery from the defaulters . The informants will be entitled to a reward of 10% of the recovery subject to a maximum of Rs 15 lacs .
Let's see how this offer of the government works and how much is its impact on recovery. more  

View all 8 comments Below 8 comments
Hope it works here too, and the tax evaders are caught in the net. more  
You are correct Sir. The informer's identity will be known to very few high level officers of the income tax department and we have to trust them not to leak the information to any outsider. Generally the system of giving number to informer to hide his identity has worked fairly well in the department in other such schemes and so the informers in this scheme need not worry. more  
Well, the informer will have to reveal his identity to someone to bring forward the tax evader. So how he or she can remain anonymous. more  
As per item 9 of CBDT guidelines dated 26/8/15 the identity of I former can be kept secret if desired by her and number given to her. more  
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