Returns shipping time does not increase: NBR president



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Returns shipping time does not increase: NBR president
Press conference. Photo: DH Badal

Dhaka: This time the time to present the declaration will not be extended, said the chairman of the Abu Hena National Revenue Board. Rahmatul Munim.

He said the return deposit until November 28 is 13 lakh 20 thousand.

2,038 million rupees of taxes paid.

However, despite the increase in our capacity, the desired level of income tax has not increased, he said.

He made the remarks at a press conference on Sunday (November 29) in the conference room of the National Revenue Board on the occasion of the month-long tax service and the celebration of National Income Tax Day 2020 on the 30th. of November.

The NBR president said the latest date for filing statements is November 30. Those who cannot file their income tax returns within the stipulated time can request it at the corresponding tax office. However, a fine of two percent is not mandatory. Why the customer could not send the return on time. If you can show a logical reason, the fine will not apply. If the reason does not seem reasonable to the commissioner, then the fine should be calculated.

He said that it is mandatory for TIN holders to give declarations. Otherwise, the fine will be computed.

Under the Income Tax Law, the commissioner of the prosecution can give two standard hours to file the declaration of the taxpayer’s application. However, the taxpayer will have to pay a fine at the rate of two percent.

Bangladesh time: 1108 hours, November 29, 2020
GCG / AAT

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