Balochistan Revenue Authority (BRA) has implemented a reward program to incentivize individuals who report tax evasion or concealment in the province. This initiative aims to enhance tax compliance and increase revenue generation.
Key Provisions of the Whistleblower Reward Program:
- Reward Sanction: The BRA can, with the approval of the government, award a reward to a whistleblower who provides valuable information leading to the detection or collection of tax.
- Procedure and Apportionment: The BRA will notify the procedure for claiming rewards and specify how the reward amount will be divided between the whistleblower and the government.
- Rejection of Claims: The BRA may reject a whistleblower’s claim if the information provided is of no value, already known, available in public records, or does not result in tax collection.
- Penalties for False Information: If a whistleblower provides false, misleading, or frivolous information, they may be subject to a penalty of Rs. 100,000.
- Definition of Whistleblower: A whistleblower is defined as a person who reports concealment or evasion of tax or tax fraud that leads to the detection or collection of tax.
Significance of the Whistleblower Program:
The BRA’s whistleblower program plays a crucial role in combating tax evasion and ensuring fair taxation. By incentivizing individuals to report instances of tax fraud, the program helps to strengthen the tax administration system and promote transparency.
Conclusion:
The Balochistan Revenue Authority’s whistleblower reward program is a valuable tool in the fight against tax evasion. By encouraging citizens to report instances of non-compliance, the BRA aims to enhance tax revenue and ensure a more equitable tax system in the province.
https://taxationpk.com/balochistan-bra-a...tleblower/