POST TIME: 17 October, 2018 00:00 00 AM
Flat owners to be brought under tax net: NBR
Surveys will be carried out in all city corporations soon

Flat owners to be brought under tax net: NBR

National Board of Revenue (NBR) chairman Md Mosharraf Hossain Bhuiyan yesterday said surveys will be carried out in the country’s all city corporations soon to bring the flat owners of the areas under tax net, reports BSS.

The NBR will make mandatory of the submission of tax return for the candidates of parliamentary and local government elections after identifying their electric Taxpayer Identification Numbers (e-TINs), the NBR chief said while a discussion in the capital.

The discussion on ‘tax survey, tax net extension and encouraging tax payers’ was arranged at Mayor Mohammad Hanif Auditorium of Nagar Bhaban.

Dhaka South City Corporation (DSCC) mayor Mohammad Sayeed Khokon addressed the discussion as the chief guest with NBR commissioner (central survey zone) Md Asaduzzaman in the chair.

Noting that the number of tax registration will be double within next year, Mosharraf said the NBR has taken a plan to make the return submission rate double during the period.

The BNR chairman said the people who participate in elections are eligible for tax and they can now take part in the polls only by submitting their e-TINs.

“But, tax return certificate will be made mandatory for the candidates in the future because it is quite impossible to assess their wealth accurately without submission of tax return,” he said.

NBR member (tax admin and human resource management) Zia Uddin Mahmood, its member (tax survey and inspection) Mohammad Golam Nabi and Bangladesh Garment Manufacturers and Exporters Association (BGMEA) director Md Munir Hossain, among others, spoke at the discussion.