‘Mera Bill Mera Adhikaar’ Initiative
The government has announced the launch of the ‘Mera Bill Mera Adhikaar’ initiative, aimed at fostering a culture of customers requesting invoices for all purchases. Starting on a pilot basis for 12 months from September 1, the initiative will be launched in select regions including Assam, Gujarat, Haryana, Puducherry, Dadra & Nagar Haveli, and Daman & Diu.
Under the scheme, there will be 800 monthly lucky draws of Goods and Services Tax (GST) invoices, with a prize value of Rs 10,000 each, along with 10 draws worth Rs 10 lakh each. A quarterly draw for two bumper prizes of Rs 1 crore each will also be held. The initiative encourages consumers to upload invoices, with eligibility criteria including a minimum invoice value of Rs 200 and a maximum of 25 invoices per individual per month. Winners will be required to provide additional information for prize transfer.
What is the ‘Mera Bill Mera Adhikaar’ initiative and its objective?
The initiative aims to promote the practice of customers demanding invoices for their purchases. It seeks to reward individuals for requesting and uploading invoices, thereby fostering transparency and compliance in financial transactions.
What are the prizes offered under this initiative?
The scheme offers multiple prizes, including 800 monthly draws for GST invoices, each with a prize value of Rs 10,000. There will also be 10 draws worth Rs 10 lakh each. Furthermore, two bumper prizes of Rs 1 crore each will be given away quarterly.
How does the initiative encourage the use of invoices?
The initiative incentivizes customers to request and upload invoices by providing chances to win prizes. This encourages consumers to ensure that transactions are properly documented and taxes are accurately reported.
What are the eligibility criteria for participating in the draws?
Customers who request and upload invoices meeting a minimum value of Rs 200 are eligible to participate. Individuals can upload a maximum of 25 invoices each month.
How will the quarterly bumper prize draw work?
The quarterly bumper prize draw includes all invoices uploaded in the last three months leading up to the draw date. This ensures ongoing engagement and participation over time.
How can winners claim their prizes and what additional information is required?
Winners will be asked to provide details such as PAN number, Aadhaar card, and bank account information through the app/web portal within 30 days from being informed of their win. This data is necessary for transferring the prize amount.
Month: Current Affairs - August, 2023
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs