Dhaka, Aug. 16 -- Gross mismatch between the number of registered companies and that of corporate income-tax receipt by the exchequer persists, as the tax returns submitted annually by the former continues to be disproportionately low in Bangladesh, official statistics show.

Only nearly 40,000 companies file tax returns in Bangladesh while the number of registered companies is over 0.3 million.

Some 0.1 million companies are currently active and submitting audited statement and board-of-directors lists to the entity, says AKM Nurunnabi Kabir, Registrar of the Joint Stock Companies and Firms (RJSC).

National Board of Revenue (NBR) data show the number of corporate-tax returns as 39,659 in the financial year (FY) 2024-25, growing year on...