ZCZC
BSS- 29
INCOME-TAX-COLLECTION
Income tax of Tk 24,836cr collected in 5-month
DHAKA, Dec 5, 2019 (BSS) – National Board of Revenue (NBR) has collected
Taka 24,836 crore as income tax revenue in the first five months of the
current fiscal year 2019-20.
The amount was 13.30 percent higher than the same period of the previous
fiscal, as the income tax revenue collection was Taka 22,000 crore, according
to NBR.
During the period, a total of 20,06,715 income tax returns were submitted.
Talking to BSS, NBR Chairman Md Mosharraf Hossain Bhuiyan said they have
laid emphasis on tax net expansion and that’s why both return submission and
collection were increased.
“I am expecting at the end of the fiscal, return submission would reach
nearly 25 lakh along with record revenue collection,” he added.
In the current fiscal, revenue income target was set at Taka 3,25,660
crore, of which Taka 1,15,588 crore is expected to come as income tax.
BSS/ASG/RI/MAK/ARS/1736 hrs