Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
The number of registered income taxpayers just crossed the 10-million mark on Thursday in Bangladesh for the first time, raising hopes about the strengthening of the direct tax base within a short time.
According to data of the National Board of Revenue (NBR), the figure of Taxpayer's Identification Number (TIN) holders reached 9.72 million in the individual taxpayer category while the number for companies stood at 49,869, firms 77,103 and others 15,413.
The number of total TIN holders was 1.6 million in 2013. Of them, individual taxpayers were 1.01 million, companies 33,672, firms 11,473 and others 7,295.
A senior official of NBR said the relentless efforts of taxmen, submission of proofs of tax return filing and allowing new taxpayers to submit tax returns until June 30, 2024 contributed to the sharp growth.