Tax return deadline now Dec 1
The government is going to extend the deadline for submitting tax returns to December 1.
This is the second time the government has extended the deadline; the first deadline was September 30 and the second was today.
Finance Minister AMA Muhith on Wednesday approved a proposal from the National Board of Revenue to push back the last date for submitting returns, a ministry official said.
The official announcement for the extension will be made tomorrow, an NBR official said.
This year, the government offices remained closed for 11 days for the Eid and Puja holidays, and the opposition enforced a three-day shutdown across the county at the end of the month, the official added.
Different trade bodies, including the Federation of Bangladesh Chambers of Commerce and Industries, appealed for an extension.
Though revenue collection rose 17 percent in the first quarter of the current fiscal year, it fell short of its target by Tk 1,313 crore.
The NBR official said the tax returns till date are much lower than those in the last fiscal year.