Raising the tax-free income limit will only increase the number of zero-return taxpayers, the NBR chairman warnsNational Board of Revenue (NBR) Chairman Abdur Rahman Khan has said a million out of 1.5 million taxpayers have submitted zero returns online in the ongoing fiscal year. This means that these one million taxpayers paid no taxes against their declared annual income as it fell below the tax-free income threshold. Today, I saw that 1.5 million tax returns have been filed. We're still accepting online returns... revised returns as well. This has made things much easier.”“Upon reviewing the data, I noticed that out of 1.5 million returns, 1 million reported an income below the Tk 350,000 threshold.
Source: bd News24 March 24, 2025 10:33 UTC