The National Board of Revenue (NBR) is going to organize its annual Income Tax Fair across the country beginning on November 14 with the aim to help taxpayers with tax returns filing services.
The weeklong fair will be held at Officer’s Club in the capital and continue until November 20, while the fairs at district level will be for three to four days.
NBR Member (Taxes Legal and Enforcement) HA Murshed said this while talking to Dhaka Tribune.
“We have already sent letters in this regard to commissioners of all income tax zones throughout the country and asked them to take all-out preparations for the fairs,” he said, adding that a special committee was working for arranging the annual fairs.
Taxpayers will be able to file tax returns, pay taxes and do other related tasks at the fair venue with the assistance of tax officials.
Besides, one can get electronic Tax Identification Number (e-TIN) at the fairs.
The government has set a target to earn Tk1,15,588 crore revenue from the head of income tax in the current 2019-20 fiscal year, while the target of total revenue is Tk3,25,600crore.
Murshed said November 30 was the last day for submitting individual income tax returns for the last fiscal year.
Tax officials said there would be dedicated booths at the fairs for freedom fighters, women, people with disabilities and elderly taxpayers.
The NBR launched the tax fair in 2010. Since then, popularity of the fair among taxpayers has been increasing every year.
The tax authorities collected Tk2,500 crore from income tax fairs last year, a 11.35% rise from the previous year.
More than 1.6 million people received services from the fair last year, the NBR said.
According to the NBR data, as of June 2018, there are about 3.5 million TIN holders in the country, of which about 1.95 million submitted tax returns last fiscal year.
