Published August 8, 2026
What is the IRD Billing Prize Scheme?
Learn about the basics of Nepal's Taxpayer Incentive Reward Programme and why it was introduced.
The IRD Billing Prize Scheme, officially known as the Taxpayer Incentive Reward Programme, is a government initiative in Nepal designed to encourage a transparent economy. It works on a simple premise: consumers who ask for official PAN or VAT bills when they shop can win massive cash prizes.
The Core Objective
Tax evasion has historically been a challenge. By incentivizing everyday citizens to demand electronic invoices, the Inland Revenue Department (IRD) ensures that businesses record their sales accurately in the Centralized Billing Management System (CBMS). This directly boosts the nation's revenue collection.
How It Began
The scheme was introduced as part of the broader digital transformation of Nepal's tax system. It shifts the burden of tax enforcement slightly towards the consumer, making it a collective effort. Every time you ask for a valid bill for purchases over Rs 100, you are helping formalize the economy.
Benefits for Consumers
Beyond the obvious chance to win up to Rs 1 million in the bumper prize draw, consumers benefit by getting authentic products (as registered vendors are generally more reliable) and having proper receipts for warranties and returns. It is a win-win for both the state and the citizen.