October 30, 2020, 1:32 pm


2020-09-13 07:08:29 BdST

New taxpayers to get Tk 2,000 discount on first online return submission

The new taxpayers will enjoy a Tk 2,000 discount for submission of income tax returns through online.

The National Board of Revenue (NBR) has made the decision to encourage online return submission, said Alamgir Hossain, a member of NBR's Income Tax Policy Division, reports bdnews24.com.

The time of obtaining the Tax Identification Number (TIN) will not affect the process to get the discount, he said on Tuesday.

The NBR had mentioned the discount in its gazette published after the passage of the national budget for the 2020-21 fiscal year as well, he added.

The taxpayers who have submitted returns in the traditional method will not get the discount.

The deadline for the income tax return submission will end on November 30.

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