Business

Tax fair brings in Tk 725.12cr in two days

The National Board of Revenue logged in Tk 725.12 crore in tax in the first two days of the weeklong tax fair, thanks to the rising turnout of taxpayers to get one-stop service.

The collection was 6.64 percent higher than a year earlier, according to an NBR press release.

“The fair is helping us a lot in addressing tax-related formalities,” said a retired public sector employee after submitting tax returns for the year 2016-17.

He has been submitting tax returns at the fair since 2010, when the first edition of the annual event took place.

“It would have been great had the NBR issued tax payment certificate from the fair as well,” he added.

This year marks the seventh edition of the fair, whose popularity has been steadily rising as it relieves individual taxpayers from the hassle to visit tax office.

On the second day, the NBR also began issuing user ID and password for getting access to the online income tax returns submission system that it launched on November 2.

NBR Chairman Md Nojibur Rahman inaugurated the service at the e-filing booth at the fair, currently being held at NBR's under-construction building at Agargaon.

Taxpayers will get user ID and password for access to the online tax return filing portal www.etaxnbr.gov.bd by showing their TIN certificate and National ID at the fair, said NBR Member Kalipada Halder, also the project director of the e-filing system.

Zunaid Ahmed Palak, state minister for information and communication technology, inaugurated the 'tax calculator app' at the fair.

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