Tax return submission deadline extended till Dec 31

Government has extended the cut-off time for individual taxpayers to file their income tax returns by one month to December 31 amid demands for a deadline extension, says Abu Hena Md Rahmatul Munim, chief of the National Board of Revenue.

The NBR begins offering its tax month services every year on November 1. According to the rules, taxpayers can submit their income tax returns until November 30 without suffering a penalty.

However, amid the recent economic instability, various business organisations had called for the deadline to be extended. The Federation of Bangladesh Chambers of Commerce and Industry earlier submitted their demand to the NBR chair.

There are more than 80 lakh online Tax Identification Number (e-TIN) holders in the country and around 23 lakh of them filed their tax returns in the last tax year 2021-22.

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