Majority don’t pay income tax: NBR

block

Economic Reporter :
National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan on Wednesday said that over four crore people in the country have capacity to pay tax but majority of them do not pay tax on their income.
“We are trying to bring them under tax net,” said the NBR chairman said while addressing a press conference at its headquarters in the capital.
At present, NBR have about 40 lakh registered taxpayers but 22 lakh submitted returns in the fiscal 2018-19.
It has collected Tk 28 crore from the taxpayers through assessment of their incomes.
To increase tax, the NBR has been carrying out survey, involving taxmen and university students, for the last several months.

block