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Now, get Rs 5 crore for info on tax evasion, 'benami' transactions

The government launches three new reward schemes to track assets outside India and substantial tax evasion on income

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The government on Friday launched three new reward schemes under which a person can get up to Rs 5 crore for information on tax evasion and 'benami' (proxy) transactions and properties. While a person can get maximum '5 crore for giving specific information about substantial tax evasion on income and assets outside India, the maximum reward for information on tax evasion in India is Rs 50 lakh, the Finance Ministry said.

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