Dhaka, Aug. 10 -- The National Board of Revenue (NBR) has urged all taxpayers to act as responsible citizens by truthfully declaring their actual income, expenditure, assets, and liabilities in their returns and thus contributing to the nation's development.

The revenue board also warned taxpayers not to fall into the trap of fraudulent 'zero return' schemes circulating on social media and urged them to protect themselves from the risk of imprisonment or fines, reports BSS citing an NBR press release.

It said that the NBR has noticed several misleading posts on social media regarding the filing of so-called 'zero returns.'

These posts claim that an income tax return can be submitted by filling all sections of the return form with "zero...