NBR to introduce new app to check tax evasion cases 
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Tuesday
January 31, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
TUESDAY, JANUARY 31, 2023
NBR to introduce new app to check tax evasion cases 

Economy

UNB
16 August, 2019, 11:50 am
Last modified: 16 August, 2019, 11:54 am

Related News

  • NBR seeks budget proposals for FY’24 from trade bodies, others concerned
  • FBCCI urges NBR to increase ease of doing business
  • Two companies of Pacific Jeans get best taxpayer award in RMG category
  • Asif Iqbal Mahmud named top young taxpayer
  • INCEPTA chairman and managing director becomes one of the highest taxpayer in Dhaka City Corporation

NBR to introduce new app to check tax evasion cases 

Through this app, anyone will be able to check whether the tax payment certificate is genuine or effective, or an expired one.

UNB
16 August, 2019, 11:50 am
Last modified: 16 August, 2019, 11:54 am
NBR to introduce new app to check tax evasion cases 

The National Board of Revenue (NBR) has taken an initiative to introduce a mobile application and a software, aiming to check the cases of tax evasion and increase the number of taxpayers.

The revenue collecting authority thinks launching of the app and software will bring dynamism into the revenue administration and help bring a large number of eligible taxpayers under the tax net, an NBR senior official told UNB.

According to the existing income tax law, any business entity and service-providing persons must hang the taxpayer identification number (TIN) in their offices or business organisations. 

But it is not practised properly which causes confusion whether all the business entities or service-providing persons have their TINs or not.

"That’s why the NBR is planning to make it mandatory to hang the tax payment certificate," said the official.

He said using the software, all 649 tax circles will be linked to the mobile app. 

Through this app, anyone will be able to check whether the tax payment certificate is genuine or effective, or an expired one.

"Even with the app, it’ll be possible to lodge complaint with the respective tax circle," he said.

The NBR official hoped when the businessmen see the customers are checking whether they have paid taxes or not, they will feel encouraged to pay their taxes. 

“As a result, the revenue collection will be increased and the tax evasion cases will come down," he said.

Through the app, it would be possible to check the status of tax payment and the certificate will automatically be cancelled in absence of regular payment. 

Ineffective certificate means the particular person or organisation does not pay tax. "There’s no need to provide extra information in this regard," the NBR official said.

He also mentioned that the NBR is trying hard to increase the number of taxpayers to 1 crore within the next two years. As part of the initiative, a tax survey has started.

"Enhancing capability in technology will help us bring more dynamism into tax administration," the official said.

Currently, the number of TIN holders in the country is around 40 lakh where only 20 lakh submit their income tax return, which is very much lower comparing to other countries of the world.

For the running fiscal year, the revenue target has been fixed at Tk 325,600 crore. Of the grand amount, Tk 113,912 crore will come from income, profit and capital tax, Tk 123,067 crore will be contributed in the form of VAT, supplementary tax will provide Tk 48,153 crore, Tk 36,498 crore will come from import duty, Tk 54 crore from export duty, Tk 2,239 crore from the excise duty and Tk 1,677 crore will be fetched as other taxes.

Top News

NBR

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Photo: Bloomberg
    Adani turns to bane from boon for India's swelling stock market
  • Photo: Reuters
    Why IMF approves $4.7b against Bangladesh's loan proposal for $4.5b
  • Bangladesh's GDP growth to stay below pre-pandemic level even in FY27: IMF
    Bangladesh's GDP growth to stay below pre-pandemic level even in FY27: IMF

MOST VIEWED

  • Top 20 defaulters owe Tk16,588 crore to lenders: Finance minister
    Top 20 defaulters owe Tk16,588 crore to lenders: Finance minister
  • Cry for dollar for Ramadan imports
    Cry for dollar for Ramadan imports
  • Illustration: TBS
    Biz leaders want crisis management, energy security for survival
  • TBS file photo
    Z&Z Fabrics introduces Sorona fabric line
  • Manufacturers feel the pinch as consumers tighten belt
    Manufacturers feel the pinch as consumers tighten belt
  • Reconditioned vehicles running out of stock as traders fail to open LCs
    Reconditioned vehicles running out of stock as traders fail to open LCs

Related News

  • NBR seeks budget proposals for FY’24 from trade bodies, others concerned
  • FBCCI urges NBR to increase ease of doing business
  • Two companies of Pacific Jeans get best taxpayer award in RMG category
  • Asif Iqbal Mahmud named top young taxpayer
  • INCEPTA chairman and managing director becomes one of the highest taxpayer in Dhaka City Corporation

Features

Photo: Collected

Tips to incorporate sustainable construction

11h | Habitat
Photo: Noor-A-Alam

How did mud walls find their way into urban designs?

12h | Habitat
Spotify is among the tech platforms that saw record growth during Covid lockdowns
Photo: DW

Could tech layoffs spread to rest of US economy?

15h | Panorama
Leepu realised his love for cars from a young age and for the last 40 years, he has transformed, designed and customised hundreds of cars. Photo: Collected

'I am not crazy about cars anymore': Nizamuddin Awlia Leepu

16h | Panorama

More Videos from TBS

Adani’s shares fell sharply after allegation

Adani’s shares fell sharply after allegation

2h | TBS World
Why was Messi was blocked on Instagram?

Why was Messi was blocked on Instagram?

1h | TBS SPORTS
Bangladesh in better position than Sri Lanka, Pakistan to navigate forex crisis: UCB Asset Management

Bangladesh in better position than Sri Lanka, Pakistan to navigate forex crisis: UCB Asset Management

4h | TBS Insight
Sunflower cultivation is becoming popular in Faridpur

Sunflower cultivation is becoming popular in Faridpur

8h | TBS Stories

Most Read

1
Bapex calls candidates for job test 9 years after advert!
Bangladesh

Bapex calls candidates for job test 9 years after advert!

2
Illustration: TBS
Banking

16 banks at risk of capital shortfall if top 3 borrowers default

3
Representational Image
Banking

Cash-strapped Islami, Al-Arafah and National turn to Sonali Bank for costly fund

4
Photo: Collected
Energy

8 Ctg power plants out of production

5
Photo: Saqlain Rizve
Bangladesh

Bangladeshi university students identified as problematic users of Facebook, internet: Study

6
Photo: Collected
Splash

Hansal Mehta responds as Twitter user calls him 'shameless' for making Faraaz

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]