On 5 October 2026, the Inland Revenue Department (IRD) released the first fortnightly winner list for the Taxpayer Incentive Prize Program covering Ashwin 1 to 15, 2083 (approximately 17 September to 1 October 2026). This announcement (content/13658) continues the bi-weekly publication cycle designed to sustain consumer engagement in the VAT invoice compliance drive. The program, a flagship initiative under the Economic Act framework, rewards consumers who upload valid VAT invoices via the IRD’s mobile application or web portal. Each fortnightly draw selects winners from verified invoice entries, with prizes ranging from NPR 1,000 to NPR 100,000. The transparent publication of winner names, locations, and prize tiers aims to demonstrate program integrity and encourage broader participation.
Key Takeaways
- Bi-Weekly Draw Cycle Institutionalized: The IRD has established a fixed schedule: invoice submission window closes every alternate Thursday, system validation completes by Friday, and winner lists are published the following Sunday, creating predictable engagement cycles for consumers.
- Geographic Distribution Monitoring: The published list includes winners’ districts, enabling the IRD to monitor regional participation rates and target awareness campaigns in low-compliance areas, ensuring equitable program reach across all seven provinces.
- Prize Tier Structure and Claim Deadline: Winners have 60 days from publication to claim prizes at designated Inland Revenue Offices with original invoice copies and citizenship certificates. Unclaimed prizes revert to the incentive fund for subsequent draws, maintaining fiscal discipline.
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