Business

Tax return submission deadline extended to Jan 31

Tax return submission deadline
People are seen filling up their income tax returns at a fair at Officers’ Club Dhaka last year. Photo: Star/File

The National Board of Revenue (NBR) has for a second time extended by a month the deadline for individual taxpayers to file tax returns. 

Now, taxpayers will get until January 31 next year to submit the documents.

Usually, November 30 is the deadline for the submission of tax returns for the fiscal year ending in the preceding June. The NBR had initially extended it to December 31.

In a notice issued yesterday, the tax administrator also said the deadline for businessesto submit returns has been extended to February 15 from January 15. The deadlines have been extended based on demands from various bodies of professionals, according to the NBR.

Individual taxpayers and businessescan also submit their income and wealth statements both online and in person. Failing to do so within the deadline results in taxpayers being subject to fines.

Earlier, the NBR made the online filing of tax returns mandatory for government officials under tax zones of the Dhaka, Narayanganj and Gazipur city corporations.

It also asked all bankers and officials of mobile network operators to file returns electronically for the current assessment year. 

Comments

Tax return submission deadline extended to Jan 31

Tax return submission deadline
People are seen filling up their income tax returns at a fair at Officers’ Club Dhaka last year. Photo: Star/File

The National Board of Revenue (NBR) has for a second time extended by a month the deadline for individual taxpayers to file tax returns. 

Now, taxpayers will get until January 31 next year to submit the documents.

Usually, November 30 is the deadline for the submission of tax returns for the fiscal year ending in the preceding June. The NBR had initially extended it to December 31.

In a notice issued yesterday, the tax administrator also said the deadline for businessesto submit returns has been extended to February 15 from January 15. The deadlines have been extended based on demands from various bodies of professionals, according to the NBR.

Individual taxpayers and businessescan also submit their income and wealth statements both online and in person. Failing to do so within the deadline results in taxpayers being subject to fines.

Earlier, the NBR made the online filing of tax returns mandatory for government officials under tax zones of the Dhaka, Narayanganj and Gazipur city corporations.

It also asked all bankers and officials of mobile network operators to file returns electronically for the current assessment year. 

Comments

শেখ হাসিনার প্রত্যর্পণে অনুস্মারক পত্র পাঠাবে ঢাকা

ভারত সরকারকে পাঠানো কূটনৈতিক নোটের জবাব না পেলে ক্ষমতাচ্যুত প্রধানমন্ত্রী শেখ হাসিনাকে ফিরিয়ে আনতে নয়াদিল্লিকে আরেকটি অনুস্মারক চিঠি পাঠাবে ঢাকা।

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