NBR launches Spot Assessment programme to increase tax net
Spot Assessment is an effective step to provide direct services to all taxpayers who have taxable income and are obliged to file returns
The National Board of Revenue (NBR) has launched a new Spot Assessment programme to increase the tax net.
Spot Assessment is an effective step to provide direct services to all taxpayers who have taxable income and are obliged to file returns.
This programme is encouraging new taxpayers to pay income tax spontaneously, according to a press release.
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Various tax zones of the country have already started this program, which is playing an important role in increasing tax awareness and building a tax-paying culture among businessmen, professionals and the general public.
Currently, tax zones have actively started conducting Spot Assessment at district and upazila levels of the country.
The NBR urged all business organisations, chambers of commerce, business leaders, local administrations, eminent persons and taxpayers of the country to provide their unwavering support and cooperation to make the ongoing Spot Assessment activity successful.
The spontaneous participation of esteemed taxpayers will make this activity successful and continue to invest in ongoing development projects and will directly contribute to the necessary funding to ensure the country's infrastructure development, education, health and other civic amenities, the release said.
NBR believes that through the Spot Assessment activity, the tax payment tendency among taxpayers will increase and the tax system will be further strengthened.
Currently, the Taxpayers Identification Number (TIN) holder of the country is around 1.14 crore whereas some 40 lakh people submitted the income tax return.
