With reference to Shrimi Choudhary’s article, “Why it pays to pay your income tax” (November 10), it is a good idea to reward honest taxpayers. The finance ministry should implement the proposal of the Income Tax Department to pay monetary rewards to such taxpayers.
I want to draw attention to a related subject: Penalty for non-compliance. An amendment to the Income Tax Act that will be effective from the assessment year 2018-19 provides for a minimum penalty of Rs 1,000 for delayed submission or non-submission of income tax returns. Penalty for non-compliance of such a rule should always depend on the
