hawker.com.bd
Advertisment
Survey on finding new taxpayers suffers setback [ Last Page ] 2012-05-23
Survey on finding new taxpayers suffers setback
Doulot Akter Mala
Survey conducted on finding new taxpayers suffers a setback in the current fiscal due to relocation and expansion of tax offices and shortage of taxmen.

The government has included only 43,600 new taxpayers in the tax net in the current year against its target for 3,00,000.

Talking to the FE, a senior member of the National Board of Revenue (NBR) said expansion of tax offices and lack of adequate manpower hinder the survey activities in the current fiscal.

"We are focusing on spot assessment as it can bring taxpayers directly to the tax net which is not possible through conventional external survey," he said.

The NBR has conducted 256 spot assessments and issued Taxpayers Identification Number (TIN) to 11,345 new taxpayers until March, he said.

A total of Tk 23.2 million in taxes has been collected through spot assessment, he said.

"We expect Tk 50 million taxes from the spot assessment by the end of the current year," he added.

Last year, the board set a target for 5,00,000 new taxpayers that was reduced to 3,00,000 for the current year.

Tax officials in the field offices said they are already occupied by so many tax files amid lack of manpower.

They said each of the Deputy Commissioner of Taxes (DCT) handles at least 10,000 manual income tax files.

"Until introduction of full-fledged automation in the tax offices, such survey activities and coordination of its data will face obstacles," said an income tax official in the field-level.

Expanding tax base is one of the major challenges of the government as contribution of direct taxes is poor in our country in the South-Asia.

Proportion of direct and indirect tax is 29 per cent in Bangladesh while it is 56 per cent in India, 37 per cent in Pakistan, 75 per cent in Malaysia.

According to NBR data, number of taxpayers is only 0.75 among 100 people in Bangladesh. Only 33 taxpayers submit tax returns out of 100 registered taxpayers.
 

Aviation

• Jet Airways Fourth-Quarter Net Loss Widens
• Sri Lankan Air To Buy 10 Airbus Aircraft
More

Real Estate

• BHBFC seeks Tk 5.0b budgetary allocation
• REHAB demands BB revive refinance scheme
More
 
Forward to Friend Print Close Add to Archive Personal Archive  
Forward to Friend Print Close Add to Archive Personal Archive  
Today's Other News
• Govt plans to set up more Special Economic Zones
• Pro-worker measures generate hope for GSP in USABangladesh’s eligibility being reviewed: USTR
• Barua Lauds Higher Buying CapacityForeign funds in Bangladesh
• 25 missions fail to achieve export target in July-Apr
• NBR decides to discontinue Carnet facility
• BD, Thailand prepare action plan to double mutual trade by 2016
• Padma bridge to get highest allocation
• Imports look upward with Ramadan in sight
• Govt to float tender by June: Obaidul Quader
• EU warns of withdrawal
More
Related Stories
• 40,000 new taxpayers found in last 4 months NBR teams target netting 3,00,000
• 1.80 lakh new taxpayers registered in one year
• Survey to net new taxpayers moving at a snail's pace
• Door-to-door survey from next week to net new taxpayers
 
 
 
News Source
            Top
            Top
 
Home / About Us / Benifits /Invite a Friend / Policy
Copyright © Hawker 2009-2010, Allright Reserved
free counters