Mera Bill Mera Adhikar

A significant move towards enhancing transparency in financial transactions and empowering consumers, the Indian government is set to launch the ‘Mera Bill Mera Adhikar‘ invoice incentive scheme. This pioneering scheme, scheduled to commence from September 1, aims to promote the habit of requesting bills during purchases, thereby fostering a culture of fiscal responsibility and accountability.

The ‘Mera Bill Mera Adhikar’ scheme, conceptualized by the Central Board of Indirect Taxes and Customs (CBIC), is designed to instill a sense of confidence and assurance among consumers while making purchases. The scheme is geared towards creating awareness about the importance of receiving genuine invoices for business-to-consumer transactions, fostering a more transparent economy.

Cash Prizes as an Incentive

Under this scheme, consumers are offered a compelling incentive to demand bills for their purchases. The range of cash prizes extends from ₹10,000 to a whopping ₹1 crore. These prizes will be awarded through monthly and quarterly draws, making participation exciting and rewarding. The scheme’s architecture ensures that individuals stand a chance to win substantial cash rewards by simply requesting legitimate invoices during their transactions.

Eligibility and Participation

The ‘Mera Bill Mera Adhikar’ scheme is open to all invoices issued by suppliers registered under the Goods and Services Tax (GST). This comprehensive approach ensures that a wide spectrum of transactions falls within the ambit of the scheme. Consumers from the initial batch of six States and Union Territories – Assam, Gujarat, Haryana, Puducherry, Daman & Diu, and Dadra & Nagar Haveli – will be the first beneficiaries of this innovative incentive program.

#CurrentAffairs 26 August 2023