Dhaka, Feb. 24 -- A locally developed tax-return system enabled the National Board of Revenue (NBR in Bangladesh to achieve a remarkable success as the online system witnessed a nearly 300-percent increase in income-tax-return submissions for the 2024-25 fiscal year.

Developed by local private information technology company Synesis IT, the e-return system saw over 1.44 million taxpayers file returns online, compared to 526,000 in the previous year, said the company press statement.

More than 1.86 million taxpayers have also registered for the service this fiscal year, marking a significant milestone in the country's digital tax transformation.

NBR Chairman Abdur Rahman Khan hailed the achievement, emphasising the need to sustain this m...