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Tax return goes online from current fiscal


WT24 Desk

National Board of Revenue (NBR) Chairman M Nojibur Rahman today reassured that NBR would introduce digital facilities for tax payers within the current fiscal expecting the new system to double the amount of realized tax. “The implementation process of online tax return filling project is now in the final stage . . . individuals and corporate taxpayers can file tax returns from next month,” Rahman told BSS.

He said the initiative was taken under a programme called Strengthening Governance Management Project (SGMP), which was to connect NBR’s main server with its 649 tax circles of 31 tax zones.

He said NBR took various innovative initiatives including online tax payment system to make a tax friendly environment in line with Prime Minister Sheikh Hasina and Finance Minister Abul Maal Abdul Muhith’s directives.

FPT Information System Corporation of Vietnam has been entrusted with the task of implementing the project at a cost of Taka 51 crore to be provided by the Asian Development Bank (ADB). Currently, some 18 lakh citizens have taken Tax Identification Number (TIN) in the country but only 12 lakh TIN-holders submit their returns.

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