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<h1>Informants may earn up to 1% reward on additional taxes recovered under Income Tax Act, 1961, capped at Rs. 15 lakhs.</h1> An interim reward of up to 1% of additional taxes recoverable, attributable to informant-provided information on undisclosed income detected under the Income Tax Act, 1961, may be awarded, with a maximum limit of Rs. 10 lakhs. This applies when the competent authority deems the additional taxes likely to be recovered. If an informant provides specific information leading to the seizure of unaccounted cash exceeding Rs. 1 crore, the interim reward ceiling increases to Rs. 15 lakhs, maintaining the 1% rate.
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