Punjab: Consumer Account Scheme helps tax authorities impose £ 9.07 CR fine for irregularities in accounts

Chandigarh, August 10 (PTI), Punjab Minister of Finance, Harpal Singh Ceema, said on Sunday that since the launch of the ‘Bill Liao Inam Pao’ scheme in September 2023, a fine worth £ 9.07 has been imposed on entities convicted of irregularities in the issuance of consumers. “Of these, £ 7.30 has already been recovered, which has marked a significant step forward to ensure fiscal liability,” Ceema said as he added that the scheme further expanded the tax base by facilitating 135 new registrations. In a statement, Ceema said: “The focus of the scheme to encourage citizens to claim accounts had a profound impact on tax enforcement. The finance minister said the scheme ‘Bill Liao Inam Pao’ (Bring a bill, getting a reward), which was launched to encourage and reinforce responsible consumer behavior, 1,76,8,8333333333333333333333333333333333333333333333333333333333333333336 Dollar. They automatically be eligible to participate in a lucky draw, which is held on the seventh of each month. Participating fiscal ecosystem, he said.