Tax returns can be submitted on Dec 1

People can submit their income tax returns on December 1 as the last date of submission, November 30, is a weekly holiday.

In a directive early this week, the National Board of Revenue (NBR) asked its field offices to accept tax returns from taxpayers on December 1.

Officially, November 30 is the deadline for submission of income tax statements for a fiscal year.

And, as per law, if the deadline falls on public holiday, taxmen would be able to receive returns the next day.

Saiyeed Fahd Al Karim, second secretary for tax monitoring and coordination, said tax payers, as per rules, have to count penalty if they furnish tax returns after the last day of submission.

This year, they will not require paying the penalty for submission on December 1 as November 30 is the public holiday, he said.

However, the NBR will observe November 30 as Tax Day, said the letter signed by Kalipada Halder, its member of tax administration and human resource management.