Bigger the tax net, lower will be tax rate: NBR Chairman | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
July 23, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, JULY 23, 2025
Bigger the tax net, lower will be tax rate: NBR Chairman

Economy

TBS Report
30 November, 2021, 01:55 pm
Last modified: 30 November, 2021, 05:11 pm

Related News

  • Ctg port to deliver 16 more products via private depots to ease congestion
  • NBR withdraws advance tax on imports of cotton, man-made fibres
  • NBR suspends 3 more officials for indiscipline
  • NBR official suspended over leak of confidential tariff negotiation document
  • 8 more tax, VAT officials suspended over defying transfer orders

Bigger the tax net, lower will be tax rate: NBR Chairman

TBS Report
30 November, 2021, 01:55 pm
Last modified: 30 November, 2021, 05:11 pm
Photo: TBS
Photo: TBS

The tax rate can be reduced as much if the tax net grows in the country, National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Munim said today.

"The NBR has been working to increase the tax net as a part of which we are now providing online return service," he said on the occasion of National Income Tax Day.

NBR on Tuesday organised a seminar on "Role of Income Tax in Implementation of Vision and Building of Future Bangladesh" in the meeting hall of NBR Building at Segunbagicha in the capital, attended by Law Minister Anisul Huq as the chief guest.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"It is a great achievement for us that more than 90% of the development projects in the country at present are being financed from our national revenue collection," said the NBR chairman.

He added that the organisation has taken up an automation facility as a part of expanding the tax net plan.

"The biggest inconvenience of paying tax was being present in person, thus, online tax return service has been launched."

"We have reduced the tax rate by a decent number to encourage more people to pay tax," he said while adding that the rate can be reduced further depending on the expansion of the tax net in the country.

Tuesday marks the National Income Tax Day 2021. This year, the theme for the day is "Implementation of Mujib Year's pledge by ensuring spontaneous participation of taxpayers in paying taxes".

Reportedly, the number of registered taxpayers has increased by six folds in the last decade. The number of TIN-holders in the country was 6,840,000 till October.

The day has been observed across the country since 2008. Earlier it was celebrated on 15 September every year.

However, since 2016, the day is observed on 30 November.

The date is also the last day for filing income tax returns.

Top News

NBR Chairman / NBR / National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem / National Board of Revenue (NBR) / tax / Tax Rate / tax net / Income Tax

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • The meeting is being held at the chief adviser’s official residence Jamuna. Photo: CA Press Wing
    CA Yunus holding meeting with 13 political parties
  • Hasnat Abdullah. Photo: Collected
    Health adviser should resign, obvious example of CA’s nepotism: Hasnat
  • Education Adviser CR Abrar speaking to reporters at the Secretariat on 23 July 2025. Photo: Focus Bangla
    'No intention to resign. Its a matter for govt to consider', says Edu Adviser Abrar in face of students’ demand

MOST VIEWED

  • Screengrab/Video collected from Facebook
    CCTV footage shows how Air Force jet nosedived after technical malfunction
  • Photo: Collected
    Bangladeshi man jailed for life in UK for murdering wife in front of their baby
  • Why Bangladesh's capital market is poised for a bull run
    Why Bangladesh's capital market is poised for a bull run
  • ISPR clarifies crashed plane was battle aircraft, not training jet
    ISPR clarifies crashed plane was battle aircraft, not training jet
  • Photo: Syed Zakir Hossain/TBS
    Secretariat protest: 75 injured in police-protester clash over edu adviser's resignation for delaying HSC rescheduling
  • Exim Bank's former chairman Nazrul Islam Majumder being taken to court on 22 July 2025. Photo: Collected
    Will repay all money if granted bail, won’t run away, ex-Exim Bank chair Nazrul tells court

Related News

  • Ctg port to deliver 16 more products via private depots to ease congestion
  • NBR withdraws advance tax on imports of cotton, man-made fibres
  • NBR suspends 3 more officials for indiscipline
  • NBR official suspended over leak of confidential tariff negotiation document
  • 8 more tax, VAT officials suspended over defying transfer orders

Features

Photo: Mehedi Hasan/TBS

Aggrieved nation left with questions as citizens rally to help at burn institute

1d | Panorama
Photo: TBS

Mourning turns into outrage as Milestone students seek truth and justice

18h | Panorama
Illustration: TBS

Uttara, Jatrabari, Savar and more: The killing fields that ran red with July martyrs’ blood

1d | Panorama
Despite all the adversities, girls from the hill districts are consistently pushing the boundaries to earn repute and make the nation proud. Photos: TBS

Ghagra: Where dreams rise from dust for Bangladesh women's football

2d | Panorama

More Videos from TBS

Education Ministry dispute leads to delay in postponing exams

Education Ministry dispute leads to delay in postponing exams

1h | TBS Today
Trump announces massive trade deal with Japan

Trump announces massive trade deal with Japan

3h | TBS World
Six unidentified bodies are yet to be identified

Six unidentified bodies are yet to be identified

4h | TBS Today
32 killed in warplane crash in Milestone, live from Burn Institute

32 killed in warplane crash in Milestone, live from Burn Institute

6h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net