Simple procedures being pursued in tax collection: NBR Chairman

City Desk :
Chairman of the National Board of Revenue (NBR) Abu Hena Md Rahmatul Muneem on Wednesday said that simple procedures are being followed in tax collection to enrich the state coffer further.
“We’re constantly making automation to simplify the tax payment process while the Income Tax Act-2023 has also been enacted. The new law has been presented in a simple manner to make the tax related services easy,” he said.
The NBR Chairman said this while presiding over a function marking the distribution of tax award and tax honour award to the best taxpayers for the FY23 held at the Bangabandhu International Conference Center (BICC) in the capital on Wednesday.
At the event, some 141 individuals and organizations were awarded National Tax Cards or Tax Cards and honour awards for being the best taxpayers in the Fiscal Year 2022-23. Among them 76 were individuals, 54 were companies and 11 in other categories.
Alongside the NBR Chairman, Finance Secretary Dr. Md. Khairuzzaman Mozumder handed over the tax cards and tax honour award to the best tax payer individuals and representatives of the companies and organizations.
Calling upon the taxpayers to come to the concerned tax offices if they have any problem related to tax, Muneem, also the Senior Secretary of the Internal Resources Division (IRD), said, “The new tax law has been presented simply.
However, if any tax related problem arises, please visit the tax office. Each tax office remains open for taxpayers on a specific day. Please talk to the tax officials and receive the desired services.”
Mentioning that there are three sectors of revenue collection by the NBR which are – income tax, customs and VAT, Muneem said revenue from income tax is increasing day by day due to the increase in income at the individual level. “Dependency on customs duty is declining leading to the changing
pattern in the structure of revenue,” he added.
He said the government has already approved the proposal given by NBR to expand the income tax department.
Finance Secretary Dr. Md. Khairuzzaman Mazumder said that the NBR has been doing some good work to increase the internal revenue.
For example, he cited that the new VAT Act was introduced in 2019. In addition to the implementation of the new Income Tax Act, he said the Customs Act was also passed in the Jatiya Sangsad this year.
Dr Mozumder also expressed his high optimism that these three major steps would play a special role in revenue collection.
He said that the e-challan system has ensured instant revenue collection alongside eliminating the weakness of record keeping after revenue collection.