Railway exempted from submitting proof of income tax return filing
Officials said the decision aims to ease administrative procedures for the state-run organisation
Representational Image. Photo: Collected
The government has exempted Bangladesh Railway from the requirement to submit proof of income tax return filing, citing its status as a state-owned and non-taxable entity.
According to an official order, the National Board of Revenue (NBR) granted the exemption under the authority of Section 264(4) of the Income Tax Act 2023.
The order states that Bangladesh Railway, being a government institution and not a taxable entity, will no longer be required to present proof of submission of return (PSR).
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Officials said the decision aims to ease administrative procedures for the state-run organisation, which falls outside the scope of taxable bodies under current law.
