On 28 October 2026, the Inland Revenue Department (IRD) of Nepal published the official list of winners for the Taxpayer Incentive Gift Program covering the period of Ashoj 16–31, 2083 (approximately 2–17 October 2026). The program, launched under the Value Added Tax (VAT) Act to promote a culture of invoice compliance, rewards consumers who request and retain VAT invoices for their purchases. The latest draw, conducted via an automated lottery system linked to the IRD’s central invoice monitoring platform, selected winners from over 2.3 million eligible invoice entries submitted by consumers nationwide. Prizes range from cash awards of NPR 1,000 to grand prizes of NPR 500,000, with special categories for digital invoice submissions. The IRD emphasized that the program has significantly increased invoice issuance compliance among VAT-registered businesses, with a reported 18% year-on-year rise in invoice reporting during the quarter. The department also announced enhancements to the mobile application used for invoice submission, including multilingual support and real-time validation checks.
Key Takeaways
- Invoice Compliance Incentive: The lottery-based incentive scheme continues to drive behavioral change among consumers and businesses, with the IRD reporting a measurable increase in VAT invoice issuance and a corresponding reduction in underreporting of taxable supplies.
- Digital Submission Dominance: Over 72% of eligible entries were submitted through the IRD’s mobile app and web portal, underscoring the success of digital channels in facilitating taxpayer engagement and reducing administrative costs for the revenue authority.
- Program Expansion Signals: The IRD hinted at expanding the program’s scope in the upcoming fiscal year to include service-sector invoices and business-to-business (B2B) transaction validation, aligning with the broader digital tax transformation agenda.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement