What is the quantum of reward if the Informant is eligible for a reward under Income Tax Informants Reward Scheme 2018 and Benami Transactions Informants Reward Scheme 2018?

Ans. If the Informant has claimed reward under this Scheme as well as Income Tax Informants Reward Scheme, 2018, based upon substantially the same facts (as was given for claiming reward under this scheme) and if the same is separately found eligible for grant of reward in accordance with this Scheme as well as the Income Tax Informants Reward Scheme, 2018, the total amount of reward under both the schemes taken together shall not exceed the maximum permissible amount under the Income Tax Informants Reward Scheme, 2018, or this Scheme, whichever is higher.

In other words, if an informant is found eligible for a reward under both the schemes for information relating to the PBPT Act and the Income Tax Act, 1961, the total maximum reward under the two Schemes shall be restricted to Rs. 1 crore as is the limit in this scheme and if an informant is found eligible for a reward under both the Schemes for information relating to the PBPT Act and the Black Money (Undisclosed Foreign Income and Assets) Act, 2015, the total maximum reward under the two Schemes shall be restricted to Rs. 5 crores as is the limit in Income Tax Informants Reward Scheme, 2018.​