Tax return submission deadline extended till December 31

Tax return submission deadline extended till December 31

The National Board of Revenue extended the deadline for individual tax return submission to December 31.

NBR chairman Abuhena Rahmatullil Munim on Wednesday announced the extended deadline at a programme marking the National Income Tax day 2022 at the seminar room of the revenue board in Bangladesh capital Dhaka.

About bout 2.2 lakh TIN holders submitted income-tax returns so far and Tk 30,000 crore were collected in tax from individuals until Tuesday, according to provisional figures.

Some 2.6 million individuals submitted their tax-returns as of June 30 of the past tax year, according to the revenue board.

The NBR has received requests from a cross section of people, including the apex chamber, to extend the deadline for submitting tax returns by individual taxpayers.

Though the NBR received a huge response this time around, tax return submission by individuals was yet to reach expected level until Tuesday.

According to NBR, the country has around 80 lakh TIN holders.