Dhaka, June 4 -- Mandatory furnishing of Proof of Submission of Return (PSR) for securing a plethora of services as a measure of boosting government revenues is being derogated for certain service deliveries to remove unwanted hurdles.
The initial move to mandate PSR played a significant role in increasing income-tax -return submissions, officials say. Bu the interim government now opts to ease the precondition for some services where it was deemed "illogical".
Experts note that the government still places emphasis on PSR enforcement in relevant sectors to cast wide the tax net and enhance revenue receipts-a strategy that has delivered the goods over the past few years.
Officials at the National Board of Revenue (NBR), speaking to The ...
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