Online Tax Refund

NBR needs more time to finish tasks

Taxpayers will have to wait for one more year to get refunds of their extra payments online as the National Board Revenue (NBR) has not yet completed all tasks.
The revenue authority said the refund of extra payments online requires taxpayers to submit returns online.
A central processing centre (CPC) should also be established to analyse payment information and taxpayers' income for calculating taxes and refund online.
By June next year, these tasks are likely to be complete, enabling taxpayers to get refunds in their accounts automatically and relieve them of the hassles of visiting tax offices to complete formalities, according to the NBR yesterday.
"We are working to establish CPC," said NBR Chairman Nasiruddin Ahmed at a programme on e-payment of taxes at Radisson Water Garden Hotel.
Ahmed spoke while responding to queries of taxpayers on when they will get refund of extra money in their accounts automatically.
Taxpayers, including individual and companies, tax practitioners and chartered accountants attended the programme organised by the NBR to aware stakeholders about its initiative to open e-payment gateway of taxes beginning from May 26.
Prime Minister Sheikh Hasina is expected to inaugurate the e-payment system which is expected to ease hassles of taxpayers as the method will enable taxpayers, including companies, to pay income tax, value-added tax and customs duties online.
The NBR is going to launch the e-payment gateway by inking a tripartite agreement with Sonali Bank and Q Cash, an electronic fund transfer service provider.

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Online Tax Refund

NBR needs more time to finish tasks

Taxpayers will have to wait for one more year to get refunds of their extra payments online as the National Board Revenue (NBR) has not yet completed all tasks.
The revenue authority said the refund of extra payments online requires taxpayers to submit returns online.
A central processing centre (CPC) should also be established to analyse payment information and taxpayers' income for calculating taxes and refund online.
By June next year, these tasks are likely to be complete, enabling taxpayers to get refunds in their accounts automatically and relieve them of the hassles of visiting tax offices to complete formalities, according to the NBR yesterday.
"We are working to establish CPC," said NBR Chairman Nasiruddin Ahmed at a programme on e-payment of taxes at Radisson Water Garden Hotel.
Ahmed spoke while responding to queries of taxpayers on when they will get refund of extra money in their accounts automatically.
Taxpayers, including individual and companies, tax practitioners and chartered accountants attended the programme organised by the NBR to aware stakeholders about its initiative to open e-payment gateway of taxes beginning from May 26.
Prime Minister Sheikh Hasina is expected to inaugurate the e-payment system which is expected to ease hassles of taxpayers as the method will enable taxpayers, including companies, to pay income tax, value-added tax and customs duties online.
The NBR is going to launch the e-payment gateway by inking a tripartite agreement with Sonali Bank and Q Cash, an electronic fund transfer service provider.

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