65, 050 individuals submit tax returns
With much enthusiasm, Md Abu Shayd and three of his colleagues went to the Income Tax Fair on Wednesday being held on the Officers’ Club premises to file their returns.
The fair organisers also did not make them feel frustrated as the four of them working with a private energy company left the venue with a smile on their faces around 4pm.
For Shayd, a private job-holder this year’s fair was more vibrant compared to that of last year and the National Board of Revenue this time is rather cordial in encouraging the taxpayers to contribute to the national exchequer.
“Moreover, the people are getting much more aware of the practice of paying taxes on time and on a regular basis,” he observed, pointing to the rush of taxpayers towards the fair venue.
“The people also want to make their contribution to the country,” added Shayd, who submitted his tax return for the second consecutive year.
Government official Panna Waheda, after filing her return, said she was happy to be at the fair as a festive atmosphere was prevailing there.
She, too, attended the fair along with one of her co-workers and said the government deserves a lot of credit for organising the fair in a better and more attractive manner than the last.
The fair venue and the service being given at different booths are immensely helping the taxpayers, especially the women and youth, she viewed.
It was the fourth time that Panna filed returns during the fair ever since the government introduced it back in 2010.
The case of Dhaka University employee Md Selim was a bit different since he, for the first time filed his return and seemed a bit nervous despite expressing his satisfaction from overall management of the fair.
“An extension of the deadline of the fair could have been handy,” he said.
When asked about the inflow of taxpayers and visitors, Utpal Halder, assistant tax commissioner at Tax Zone-11 of the National Board of Revenue (NBR), said: “The mad rush started after 11am.”
A significant number of women and young taxpayers also thronged the fair, said Utpal, who was working at a help desk.
Many NBR officials hope that the turnout will become even bigger on Friday and Saturday, which are regular public holidays.
Taxpayers have been becoming more inspired and aware over the years due to the government initiatives in this regard, said Md Ashrafuzzaman, additional tax commissioner at Tax Zone-4.
According to him, the timely tax-related laws and rules are creating new taxpayers and making them pay their taxes on time, contributing to the national exchequer to a great extent.
The revenue body on Wednesday provided services to 236,455 people while fresh e-TINs were issued to 5,922 people, 65,050 tax returns were submitted to help log Tk551.15 crore.
The number of service-seekers was 54.28% higher than 2017, while the return submission saw a significant year-on-year rise of 65.31%., tax officials said.
Moreover, a whopping 361.93% hike was seen in the case of e-TIN issuance.
The sum of tax return submitted on the second day of the week was 1.44% higher than that registered on the same day last year.
The government launched the fair across the country on Tuesday aiming at increasing the number of taxpayers, and with them government income from tax revenue – reducing the gap between tax and Gross Domestic Product (GDP).
The fair will run for seven days at divisional headquarters. During this time, it will also run for four days in 56 districts, two days in 32 upazilas, and one day in 70 upazilas.
To facilitate tax related transactions and to help the visitors, 16 booths, 44 e-TIN registration booths, two e-payment booths, 72 return filing booths, 50 help desks, two emergency health booths were set up at the fair premises in Dhaka.
The fair offers registration services for potential taxpayers every day from 9am to 5pm. There is training facility to help file returns, tax payment, and other tax-related issues as well. November 30 has been set as the last day for individual taxpayers to submit income tax returns.