Business

E-TIN holders to be forced for return submission: NBR Chairman


Bangladeshpost
Published : 09 Dec 2019 09:28 PM | Updated : 28 Aug 2020 10:50 PM

National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan today said the eligible e-TIN holders would be forced to submit their income tax return, reports BSS.

“We would communicate with the eligible e-TIN holders, who yet to submit income tax return, after January 15 and they would be forced to submit their return,” he said at a press conference organized to mark the VAT Day and VAT Week at NBR headquarters. Now the country has 46 lakh e-TIN holders, of which only 22 lakh submitted income tax return.

The Chairman said income tax return submission has been increased by 2 lakh this year from the 20 lakh of previous year. In addition another 50,000 companies have collected approval of return submission and end of the day a total of 2.5 lakh returns would be submitted this year, he added.