Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Monday, April 22, 2019 09:10:32 AM
Follow Us On: Facebook Twitter Twitter Twitter Twitter
BREAKING NEWS:

NBR moves to check tax evasion

By
10th-Sep-2018       
Comments
Share your thought
Post a comment »
Read all () »

UNB, Dhaka :
National Board of Revenue (NBR) has put a strong vigilance mechanism in place to keep tax evasion in check.
Official sources confirmed the UNB that NBR took the move as it does not want to underachieve its set goal of collecting a hefty Tk 2,96,201 crore revenue in financial year 2018-19.
NBR has asked the Investigation and Intelligence Cell (IIC) formed in each of its tax zones to strengthen their vigilance aiming to contain the tax evasion.
"As part of the programme to catch the tax evaders the NBR has asked the IIC to take effective steps regarding the matter," a senior official of the NBR told UNB.
The directive was given at a recent meeting with the field level officials of the revenue collecting authority at the conference room of the NBR.
The NBR has asked the officials to look into the large taxpayers' files properly. "They will send report to the Board regularly on their activities," the NBR senior official said.
There are 31 tax zones across the country and each tax zones have 22 circle offices. These offices collect taxes directly.
The IIC has been formed in each tax zones with the commissioners of the respective tax zones as the head of the IIC.
    
The NBR official said that the aim of the IIC is to identify the evaders - individual or organization.
"By ensuring this it would be possible to increase the tax collection and the people will be discouraged to evade tax," he hoped.
He mentioned that the Cell will audit the big taxpayers and find out whether there is any incidence of income hiding, check previous income declaration and hold regular meetings with them.
Besides, the NBR has asked the field level offices to remain vigil regarding the evading of taxes by the individual taxpayers. There will be a regular yearly Tax Fair in the next month and after that the field offices will further enhance their vigilance.
"Generally we wait for the last date of the income return submission date and after that we intensify our drive," a field level tax official told UNB.
There are over 35 lakh e-TIN holders in the country now, a number considered very low for a country of 17 crore population.
For fiscal year 2018-19, the government has set the total revenue target - tax and non-tax revenue - at Tk 3,39,280 crore. Of the total amount, the NBR has been tasked to source Tk 2,96,201 crore.

Tariff
Add Rate

News Archive

Inside The New Nation

Editorial »

CID man held with Yaba: Virus in the antidote


A CONSTABLE of Criminal Investigation Department and one of his associates were arrested with 990 Yaba pills from Savar on Thursday evening, some newspapers reported. The arrestees are Taijuddin, a constable of CID's Uttara Zone, and his associate Mofiz Mia, said Officer-in-Charge of Detective Branch of Police in Dhaka (North). ...

Cricket »

Ton-up Kohli hails Moeen for crucial IPL win


AFP, Kolkata :Virat Kohli scored his first Indian Premier League (IPL) century of the year, then paid tribute Saturday to Royal Challengers Bangalore teammate Moeen Ali for setting up a crucial second win of the season."Moeen changed the game completely and that allowed me to play my game," said the ...

Entertainment »

Farah Khan to remake three Bollywood classics?


Bollywood filmmaker Farah Khan had recently announced that she will be collaborating with ace director, Rohit Shetty. Speculations are that the duo has decided to remake the much loved film that had megastar Amitabh Bachchan, Satte Pe Satta (1982). The film itself was a remake as well, and besides this, ...

International »

Trump rating drops 3 points to 2019 low post Mueller report


Reuters, New York  :The number of Americans who approve of President Donald Trump dropped by 3 percentage points to the lowest level of the year following the release of a special counsel report detailing Russian interference in the last U.S. presidential election, according to an exclusive Reuters/ Ipsos public opinion ...

Football »

FIFA backs English players' social media boycott over racism


AP, England :FIFA is backing a 24-hour social media boycott by professional players in England in a protest against racial abuse and revealed plans for a new global campaign to eradicate discrimination in soccer.Following a series of high-profile cases in recent weeks, the Professional Footballers' Association has gathered support from ...

International »

US President Trump declares victory on Mueller report D-Day


President Donald Trump, backed by his attorney general, declared himself fully vindicated on Thursday in the investigation into Russian election meddling and alleged collusion with his campaign - even before the American people and lawmakers see the full probe report."Game Over," Trump tweeted, using a "Game of Thrones" style montage ...

Entertainment »

Shanta Jahan in Australia for hosting


Sheikh Arif Bulbon :Shanta Jahan is a popular host of present time. Though she acts sometimes but always feels comfortable to present herself as a host to all. For the first time Shanta went to Australia to host a show. She left Dhaka at night on April 18. Today is ...

Editorial »

One is punished for another's sin!


LOCAL media reported that a day labourer was allegedly sent to jail on Wednesday for not paying electricity bill of Tk 4007, even though his house at Mochagora village in Muradnagar upazila in Cumilla district had no electrical line. On Thursday evening, Chief Judicial Magistrate granted him bail after hearing ...

Cricket »

Sri Lanka dump Chandimal, bring back Thirimanne for World Cup


AFP, Colombo :Sri Lanka Thursday dumped established stars including former captain Dinesh Chandimal to hand batsman Lahiru Thirimanne and leg-spinner Jeffrey Vandersay a place in their World Cup squad.Chandimal, who was one-day captain until last October, wicketkeeper-batsman Niroshan Dickwella, off-spinner Akila Dananjaya, openers Danushka Gunathilaka and Upul Tharanga were all ...

Cricket »

Senior players need to take the responsibility: Faruk Ahmed


Former chief selector Faruk Ahmed insisted on the performance of the senior players, stating that they need to take the onus if Bangladesh want to do well in the upcoming ICC Cricket World Cup.According to Faruk, the condition should give Bangladesh a confidence, given that they stormed into the semifinal ...

Entertainment »

Mehazabien’s Boishakhi works create viewers’ attention


Sheikh Arif Bulbon :For the last few years, Mehazabien Chowdhury established her strong position in media by virtue of her acting quality and skill. She is now getting positive response for acting in two Boishakhi plays. Afran Nisho was her co-actor in these two plays - Tom & Jerry and ...

International »

Turkish opposition takes control of Istanbul, re-run appeal still pending


Reuters, Istanbul :Turkey's main opposition candidate took office as Istanbul mayor on Wednesday after a stunning victory over President Tayyip Erdogan's AK Party, but the new head of the country's largest city still faces an appeal for the vote to be re-run.The final result of the March 31 local elections ...

Editorial »

Power politics in Egypt


A HUGE majority of Egypt's MPs on April 16 approved constitutional amendments to allow President Abdel-Fattah al-Sisi in power until 2030. The amendments were initially introduced in February, however after lengthy debates and discussions favouring the Egyptian society it was updated earlier this week. "The president's current term shall expire ...

Football »

Iniesta's J-League club Kobe part ways with coach Lillo


AFP, Tokyo :Barcelona legend Andres Iniesta's Vissel Kobe have terminated the contract of manager Juan Manuel Lillo following a poor run of results, the Japanese club said on Wednesday.The 53-year-old former Real Sociedad and Zaragoza boss won just two of six games since taking charge last October as star-studded Vissel ...

International »

US waging 'financial war' against Palestinians


AP, Ramallah, West Bank :The new Palestinian prime minister on Tuesday accused the United States of declaring "financial war" on his people and said an American peace plan purported to be in the works will be "born dead."In his first interview with international media since taking office over the weekend, ...

 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news