Tax payment thru' banks may be introduced
Saturday, 18 August 2007
The National Board of Revenue, presently playing a tough guy with tax-delinquents, is thinking about making easier the payment of income tax if the taxpayers give a good response this fiscal year, reports UNB.
"We have already changed a lot in the income-tax-return system, and if the taxpayers give a good response, then we will think for further simplification of the tax-payment system," NBR chairman Badiur Rahman told the news agency.
Giving an indication of the future tax-payment system, he said it might be the honourable taxpayers don't need to go to the tax office to pay their taxes.
"They can give their taxes the way they pay utility bills in banks or such similar procedures," he said.
But he said that everything is depending on the attitude of the taxpayers--whether they are responding to our new simplified system or not.
Government has introduced universal self-assessment system for income-tax return under which the taxpayers will not be questioned for anything about their income-tax return.
"The tax official won't question about the income-tax return of any individual even if he has documents about his claim. The official will submit the documents to the NBR, and if NBR is satisfied, then it will give permission to go for further examination of the tax file," the NBR chair had told newsmen at the post-budget press briefing.
The NBR also reduced the page numbers of the tax-return form for the convenience of the taxpayers. The previous form had several pages while the new one is just one page.
Badiur Rahman, who is engaged in enforcing the caretaker government's strict pecuniary policy, also expressed his strong commitment towards making the government's revenue-collecting agency more pro-taxpayer and service-oriented.
The target for revenue collection has been fixed at Tk 438.50 billion (43,850 crore) in which Tk 108.38 billion (10,838 crore) is estimated from income-tax sector.
"We have already changed a lot in the income-tax-return system, and if the taxpayers give a good response, then we will think for further simplification of the tax-payment system," NBR chairman Badiur Rahman told the news agency.
Giving an indication of the future tax-payment system, he said it might be the honourable taxpayers don't need to go to the tax office to pay their taxes.
"They can give their taxes the way they pay utility bills in banks or such similar procedures," he said.
But he said that everything is depending on the attitude of the taxpayers--whether they are responding to our new simplified system or not.
Government has introduced universal self-assessment system for income-tax return under which the taxpayers will not be questioned for anything about their income-tax return.
"The tax official won't question about the income-tax return of any individual even if he has documents about his claim. The official will submit the documents to the NBR, and if NBR is satisfied, then it will give permission to go for further examination of the tax file," the NBR chair had told newsmen at the post-budget press briefing.
The NBR also reduced the page numbers of the tax-return form for the convenience of the taxpayers. The previous form had several pages while the new one is just one page.
Badiur Rahman, who is engaged in enforcing the caretaker government's strict pecuniary policy, also expressed his strong commitment towards making the government's revenue-collecting agency more pro-taxpayer and service-oriented.
The target for revenue collection has been fixed at Tk 438.50 billion (43,850 crore) in which Tk 108.38 billion (10,838 crore) is estimated from income-tax sector.