NBR moves to identify issues hampering online e-return of taxes

The National Board of Revenue (NBR) will hold a Workshop on Sunday to identify problems in the online e-return system and find solutions for the benefit of tax payers.

The workshop will be held from 2pm to 3:30pm at the Multipurpose Hall of the Revenue Building, Agargaon of Sher-e-Bangla Nagar, UNB reports. 

The NBR has opened the online return filing system for taxpayers from September 9 last year in order to simplify the income tax return filing and tax payment system for the fiscal year 2024-2025.

By using the website www.etaxnbr.gov.bd, individual taxpayers easily and quickly submitted their income tax returns for the fiscal year 2024-2025 online and download and print copies of the submitted returns, acknowledgement letters, income tax certificates, TIN certificates.

At the same time, taxpayers are getting the benefits of tax payment and tax adjustment through internet banking, card payment (debit/credit card) and mobile banking.

Based on the needs and opinions of the esteemed taxpayers, the online return filing process has been gradually simplified and made more taxpayer-friendly, and the e-return system has received a huge response from the taxpayers, as a result of which more than 14.85 lakh taxpayers have already filed their returns online this year and more than 19 lakh taxpayers have completed registration for e-return.

The NBR hoped that if the existing problems of the system can be identified and eliminated, all taxpayers will be able to file income tax returns online from the next tax year.

In this context, the NBR has organized a workshop on identifying the problems of the e-return system in online return filing and determining solutions with the participation of stakeholders from different classes and professions who use the e-return system.

The NBR is planning to make it compulsory for all the individual taxpayers and corporate taxpayers to submit their income tax return through online from next fiscal.

The revenue collecting authority has taken the move as it got good result from the online income tax return submission this year.

Initially the online tax return has been open for all taxpayers as per their wish.

But later the NBR has made it mandatory for the government employees under the jurisdiction of income tax circles located in Dhaka North, Dhaka South, Gazipur and Narayanganj City Corporation, as well as sections of the private sector.

Online filing of income tax returns has been made mandatory for working officers/employees of all scheduled banks, all mobile telecom service providers and some multinational companies namely Unilever Bangladesh Limited, British American Tobacco Bangladesh Company Limited, Marico Bangladesh Limited, Berger Paints Bangladesh Limited, Bata Shoe Company (Bangladesh) Limited, Nestlé Bangladesh Plc.

Currently, 67% of the government’s revenue comes from indirect taxes. The NBR has acknowledged the need to shift this dependency toward direct taxes. The NBR is working to broaden the tax net in a way that is more convenient for taxpayers, encouraging compliance while reducing the burden of indirect taxation.