Tax survey across country resumes

FE Team | Published: October 25, 2007 00:00:00 | Updated: February 01, 2018 00:00:00

Doulot Akter Mala
The National Board of Revenue (NBR) resumed its tax survey across the country Wednesday after an interval of 16 days for Eid-ul Fitr and Durga Puja holidays.
The board had suspended the tax survey ahead of the Eid-ul Fitr festival for the sake of uninterrupted business.
While talking to the FE, commissioner of central tax survey zone Khorshed Alam said: "The NBR suspended the tax survey for the time being considering the rush of Eid shoppers."
The businessmen could get irritated if the board had continued the survey in the peak business season, he said.
Some 48 teams began the survey covering businesses and professionals across the country Wednesday.
Of them, 20 teams have been conducting survey in the Dhaka city.
"We will maintain a liberal attitude while conducting the tax survey," he said adding that the board is always conscious about the comfort of the taxpayers.
He expressed his optimism that the tax survey would get momentum as before.
The NBR team found 57 per cent new taxpayers in businesses in the city's posh areas and business hubs in old Dhaka.
On March 29 this year, the board started the survey in businesses and professional houses in Dhaka city. Later it was expanded to all the city corporations as well as the Rangpur Pourashava (municipality) on July 5.
Targeting businessmen and professionals, the board aims to bring some 164,000 new taxpayers under the tax net during July-December period this year.
The new taxpayers will have to start paying taxes from the next fiscal.
The government has set a revenue target of Tk 438.50 billion for the current fiscal.
In this fiscal, the board has been able to collect around Tk 8.02 billion tax form the undisclosed money holders, which is an additional income over the target of tax revenue.
The revenue officials said this year, the Income tax department will be able to surpass its target due to mobilisation of the additional tax from undisclosed money holders and the government's drive against tax evaders.