The National Board of Revenue (NBR) has initiated a move to link tax-return information with banks, aiming to enable taxpayers to automatically access key financial information.
It will allow taxpayers to link closing account balances, interest income, and deducted tax at source and bank charges without the need of their physical visits.
The NBR chairman Abdur Rahman Khan said this while inaugurating a real time data integration system for commercial invoice with Bangladesh Bank (BB) on Tuesday at the NBR.
"The initiative is under the pipeline with the Bangladesh Bank now," he added.
Such four data that the taxpayers require to collect separately, sometimes paying additional charges are now needed for submission of tax returns, he added.
He said the NBR will gradually stop accepting physical documents entirely on commercial imports and exports to ensure transparency.
From now on, no manual verification of commercial invoices would be required as the system will have accurate data.
Further integrations are underway with Chittagong Port and the immigration system, said the NBR chairman.
Under the proposed mechanism, foreign nationals will be required to clear outstanding tax liabilities before leaving the country, which will help prevent revenue leakage, he mentioned.
Mr. Khan said the NBR and BB have completed a major step toward fulfilling digital integration of their in-house systems, enabling real-time data sharing and reducing manual intervention in tax administration.
Member (Customs Policy) Md Mubinul Kabir said the alleged influences of unscrupulous businessmen on the customs officials to get any undue benefit would be resolved.
doulotakter11@gmail.com
© 2026 - All Rights with The Financial Express
