• Thursday, Aug 22, 2019
  • Last Update : 02:29 am

Tax fair rakes in Tk244.83 crore on third day

  • Published at 10:10 pm November 15th, 2018
web-tax-fair
Taxpayers at the week-long Tax Fair Mehedi Hasan/ Dhaka Tribune

The upward trend was even seen in the tax returns as 39,672 people filed their return on the third day

The National Board of Revenue (NBR) bagged Tk244.83 crore in revenue from 74,047 individual taxpayers yesterday, the third day of the week-long nationwide income tax fair.

The amount was 4.9% higher than on the same day last year.

As many as 261,455 people received services at the fair yesterday, a 59.18% rise compared to last year’s figure (164,252). 

The upward trend was even seen in the tax returns as 39,672 people filed their return on the third day.

The rate of e-TIN issuance skyrocketed as 6,156 people obtained their e-TINs yesterday.

The year-on-year growth of total tax returns in the first three days of the fair stood at 3.02%. 

According to official data, Tk10,144,067,279 was received in revenue  until yesterday, whereas the amount was Tk9,847,046,129 over the same period in 2017. 

The NBR officials said the fair will go for an-hour long break from 1pm today for Jumma prayers. 

The government launched the fair on Tuesday across the country aiming at increasing the number of taxpayers, and augment tax income, a move to increase the tax-GDP ratio in the economy.

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, 2 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.