Whistleblower Disclosure

Tax Glossary Definition

Whistleblower Disclosure

The act of voluntarily reporting tax evasion, black money, or financial irregularities to the tax or enforcement authorities. Individuals providing credible and verifiable information may be eligible for monetary rewards under designated government schemes such as the Income Tax Informants Reward Scheme.

Example: An individual reports undisclosed foreign assets to the Income Tax Department and may qualify for a reward under the whistleblower scheme.

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