Bangladesh Taxpayers to file tax returns online from July

1 post / 0 new
RedGreenBD
Offline
Joined: 12/17/2012 - 10:15
Bangladesh Taxpayers to file tax returns online from July

Taxpayers in Bangladesh will be able to file and submit their tax returns online from July.

"One can also file tax returns online by using their tax payment receipt number or chalan," Kalipada Halder, a member and project director of National Board of Revenue, said at a programme yesterday.

The NBR organised the event to distribute computer hardware among 649 field offices under 31 tax zones as part of a scheme to develop a paperless tax administration.

The government took the initiative to introduce e-filing of tax returns in 2011 with financial assistance from Asian Development Bank.

The cost of the NBR's portion in the “strengthening governance management project” is Tk 78.98 crore, of which government fund accounts for Tk 12.98 crore and project aid Tk 66 crore. NBR said taxpayers will be able to file their tax returns online by using the electronically generated taxpayer identification numbers (e-TINs) launched in 2013.

Electronic tax return filing will increase accountability and transparency in the tax administration and ensure higher compliance.

Under the scheme, all tax offices will come under a network, allowing the headquarters to monitor their activities.

ADVERTISEMENT

"Our target is a paperless tax system. If we can avoid man-to-man contact, the extent of logical and illogical allegations against tax offices will go down," Halder said.

NBR will first run the system at tax zone 8 on a pilot basis, according to a presentation by FPT Information System, a Vietnamese firm, which is developing the system for NBR.

The company will provide support services to NBR from 2015 to 2018.

NBR said the online tax system will interface with other IT-based initiatives, such as online VAT administration and Customs' Asycuda World system, to enable taxmen to gather and exchange information among departments.

The tax administrator plans to develop the system in a way that allows people to pay taxes using debit or credit cards of any bank.

State Minister for Finance MA Mannan and NBR Chairman Md Nojibur Rahman also spoke.