Guide
How the program works
The Taxpayer Incentive Gift Program runs under the Ministry of Finance-approved Taxpayer Incentive Gift Program Operating Procedure, 2083, in effect since Shrawan 1, 2083. It turns even small, genuine purchases into a chance to win a prize.
Next draw
Bhadra 1, 2083
Draws happen on the 1st and 16th of every Nepali month.
Register your eligible bills before this fortnight closes.
Daily prize
Each draw awards one winner a gross prize of NPR 1,33,334. After tax is deducted, the winner receives a net NPR 1,00,000.
Fortnightly bumper prize
Every draw (the 1st and the 16th) also awards one lucky winner a gross bumper prize of NPR 10,00,000, or a net NPR 7,50,000 after tax.
Prize structure
Worked example
| Prize type | Gross amount | Tax (25%) | Net amount |
|---|---|---|---|
| Daily | NPR 1,33,334 | NPR 33,334 | NPR 1,00,000 |
| Fortnightly bumper | NPR 10,00,000 | NPR 2,50,000 | NPR 7,50,000 |
The figures above are based on the 25% windfall tax under Section 88A of the Income Tax Act, 2058.
Why tax is deducted from prizes
Under Section 88A of the Income Tax Act, 2058, winnings of a lottery or gift nature attract a 25% windfall tax. This tax is deducted at source, so the winner is paid only the net amount and does not have to pay any tax separately.
Draw schedule
Draws are held on the 1st and 16th of every Nepali (BS) month. Bills registered from the 1st to the 15th are included in that month's 16th draw, and bills registered from the 16th to the last day of the month are included in the 1st draw of the following month.
Source: Taxpayer Incentive Gift Program Operating Procedure, 2083, and the Income Tax Act, 2058. Always check prize.ird.gov.np for the latest rules.
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