NBR to simplify tax return form

http://www.newagebd.com/2010/apr/19/busi.html#8

NBR to simplify tax return form
United News of Bangladesh . Dhaka

The National Board of Revenue is going to introduce a simplified two-page income tax return form for the convenience of the taxpayers.

‘The NBR will introduce a simple two-page tax return form for the marginal taxpayers,’ NBR chairman Nasiruddin Ahmed said, in a programme arranged to honour new taxpayers of Karwanbazaar in the capital.

Tax Zone-3 of Dhaka arranged the programme in the Institute of Chartered Accountants Bangladesh premises to handover income tax certificates to the new taxpayers.

The NBR chairman said that the government would make the tax returns system easier in the budget for the upcoming fiscal by introducing the simplified form for small taxpayers.

He also assured the small taxpayers that the government will ensure convenient locations for them to pay income tax.

Ahmed also singled out lack of knowledge on payment of income tax as one of the major reasons for the poor tax culture.

In this connection, the NBR chairman said that his organisation would start a training programme for taxpayers, especially businessmen, from July 1 on payment of income tax.

He also assured them of stern action against tax officials who harass the taxpayers.

NBR member (income tax policy) Aminur Rahman informed the businessmen that taxmen will meet them to collect income tax before the deadline for filing tax returns.

NBR member (tax survey and inspection) Shamvu Nath warned that the revenue collecting authority would be empowered to take legal action against the tax evaders who conceal their actual income.

He preferred a motivational campaign to net more new taxpayers, but vowed action for non-cooperation in the survey.

He instructed the surveyors not to harass marginal taxpayers, and to help them fill in return forms.

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