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of <h1>New Income Tax Informants Rewards Scheme: Earn Up to 5 Crore for Reporting Tax Evasion, Ensures Informant Confidentiality</h1> The Income Tax Informants Rewards Scheme, 2018, supersedes the 2007 guidelines, offering rewards up to 5 crore for information on tax evasion in India and abroad. Informants must provide specific, substantial information to receive an Informant Code. The scheme ensures the confidentiality of informants and their information. Rewards are given in two stages: interim and final, based on additional taxes levied and realized. The scheme outlines procedures for submitting information, eligibility criteria, and circumstances where rewards may not be granted. Government employees are ineligible for rewards obtained through their official duties.
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