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Wednesday, December 25, 2024
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Income tax returns submission extended

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Staff Reporter :

The National Board of Revenue (NBR) has again extended the deadline for filing of tax returns by individual taxpayers by a month until January 31 next year.

The last date of submitting income tax returns of all categories of taxpayers except companies for the tax year 2024-2025 was December 31.

The revenue authority issued an order extending the time for submission of income tax returns by one month for both online e-return and offline filing of paper returns for all taxpayers except companies for the convenience of taxpayers.

It also extended the deadline for company tax return by one month from January 15 to February 15. The time has been extended due to demands from various professional bodies, according to the NBR.

Individual and firm taxpayers can also submit their income and wealth statements both online and in person without being subject to any fines.

Earlier, the NBR made the online filing of tax returns mandatory for government officials under tax zones of the Dhaka, Narayanganj and Gazipur city corporations.
It also asked all bankers and officials of mobile network operators to file returns electronically for the current assessment year.

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