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NBR extended the deadline for tax return filing

Rtv news

  29 Nov 2023, 18:17

The National Board of Revenue (NBR) has extended the deadline for filing individual income tax to 31 January, 2024, instead of the previously set deadline of 30 November. The National Board of Revenue officially announced the extension on Wednesday (29 November).

According to an order which was signed by Md Mohidul Islam Chowdhury, second secretary tax law at the NBR - the tax day would be observed on 31 January, 2024, for individual taxpayers instead of November 30, 2023.

As many of taxpayers was unable to take preparations to file tax returns in line with the Income Tax Act-2023, for this reason the tax administration considered the extension after trade bodies demanded more time including the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

It is told by the FBCCI that it might not be possible for many taxpayers to submit returns by November 30 deadline because of the on going political situation and upcoming elections.

A senior official of the NBR said the tax authority considered an extension so taxpayers could file returns in compliance with the new law.

This year no tax fair was held, rather the NBR organised a nationwide special support service to help taxpayers submit their income tax returns.
at the tax zone office premises

Bangladesh has nearly 94 lakh registered taxpayers.

However, NBR data showed that almost 36 lakh taxpayers filed their income and expenditure statement in the year 2022-23.

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