New instructions on online filing of income tax return

The National Board of Revenue (NBR) has upgraded the e-return system for filing returns. The company has also announced to open online return filing for taxpayers from Monday (September 9). Recently NBR has informed this information in a notification.

According to the notification, the National Board of Revenue is determined to create a taxpayer-friendly, transparent and accountable tax administration. To this end, in the light of the Income Tax Act, 2023 and the Finance Act, 2024, the work of e-return system upgradation has been completed for filing of online returns for the tax year 2024-2025 of individual tax payers. The online return filing system will be opened for taxpayers from September 9.

Individual tax payers using e-return system upgradation to prepare return themselves, file return online or take printout for offline filing return, pay tax through online banking, credit card/debit card or mobile financial services (Cash, Bikash, Rocket etc.), file return Get instant proof, income tax payment certificate and TIN certificate, copy of e-return filed for previous tax year, print or download proof of return filing.

TIN and biometric verified mobile number in taxpayer's own name will be required to register in this system.

Note that after the National Board of Revenue launched the e-system in 2021, 61,491 taxpayers filed e-returns in the fiscal year 2021-2022, 2,44,481 taxpayers in the fiscal year 2022-2023 and 5,26,487 taxpayers in the fiscal year 2023-2024. .

Individual tax payers can easily register and submit e-returns for the tax year 2024-2025 by presenting their information on the National Board of Revenue website www.etaxnbr.gov.bd from September 9.

Bangladesh /FM