** Now we have politics of grave digging ** Bank accounts info sought to intimidate journos ** UK removes BD from travel red list ** A significant portion of the Outer Circular Road at Rajarbagh in the capital has been dug up by the Dhaka South City Corporation for renovations, interrupting the flow of traffic on the busy thoroughfare. This photo was taken on Saturday. ** US Capitol on high alert as pro-Trump demonstrators converge for rally ** Hifazat leader Mufti Rizwan arrested ** Students aged 12-17 to get Pfizer shots ** World leaders descend on New York despite pandemic ** Evaly shuts office, orders staff to work from home ** Errant e-commerce firms to face stern action: DMP ** Four killed as bus rams auto-rickshaw ** DU halls to reopen on October 5 ** Another body found near Cox's Bazar beach ** Daily Covid cases hit 16-week low ** Bangladesh protests Indian claim on continental shelf ** Australian police clash with anti-lockdown protesters ** Keep them free on bail to recover the money defrauded ** Cuba begins vaccinating children against Covid ** A group of merchants and customers stage protest at the Shahbagh intersection in the capital on Friday demanding release of the Evaly's Chairman Shamima Nasrin and Chief Executive Officer (CEO) Mohammad Rassel. ** Evaly couple on 3-day remand ** PM off to USA to join 76th UNGA ** Ban on soybean meal export sought ** Hasina greets Modi on his birthday ** Will Evaly customers get their money back? ** Inconsistence surfaces between FIRs and probe reports **

Some 24.30 lakh taxpayers submit returns last fiscal

02 August 2021

The number of submission of returns by individual taxpayers increased by almost 15 percent in the last fiscal
year (FY21) despite the COVID-19 pandemic as a total of 24,30,645 TIN holders submitted their returns during that period.
According to the National Board of Revenue (NBR), a total of 21,14,385 individual taxpayers submitted their returns in the FY20.
Some 3,16,260 more individual taxpayers submitted their returns in the last fiscal year.
Talking to BSS, NBR member (income tax policy) Md Alamgir Hossain said that although the entire country went through the pandemic, but under the directives of Prime Minister Sheikh Hasina, the NBR had
tried to stand beside the common people during that period.
"The revenue board offices did not remained closed for a single day while the revenue collection as well as the number of returns increased in that period since all tax related services remained open," he added.
Alamgir also opined that the revenue collection increased due to strict monitoring and some legal changes in realizing tax at source.
He said, "Since it has been made mandatory to submit returns by all TIN holders, the number of submission of tax returns increased in the last year. Besides, awareness has been created among people in submitting returns and we're getting its benefits".
The number of TIN holders in the country is 56 lakh. The revenue collection in the last fiscal year (FY21) totaled 2.60 lakh crore which is also 20 percent higher than the FY20 when the revenue collection totaled Taka 2,16,540 crore.
In the last fiscal year (FY21), Taka 85,224 crore was collected from income tax, Taka 97,490 crore from VAT and Taka 77,150 crore from Customs duty.

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