Easing corporate tax payers' return submission
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Dhaka, Nov. 24 -- For quite some time, the need for simplifying tax return system for corporate tax payers along with removing alleged vagueness in the tax ordinance of the National Board of Revenue (NBR) is being raised by the stakeholders as an issue of urgent attention. However, there was no worthwhile move to bring necessary reforms, and businesses, too, were short of suggesting concrete measures to that effect. Lately, in a review report submitted to the NBR by the Review Committee on the upcoming Income Tax Law-2022, a number of simplification steps and reforms have been suggested that, among others, include slashing requirements of excessive documents while submitting tax returns.
A published on the Review Committee's report says ...
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