The National Board of Revenue (NBR) recently issued an order regarding this extension. Typically, corporate taxpayers can file their returns from July 1 to January 15. However, this year, the deadline has been extended twice. Currently, an average of 50,000 companies file tax returns each year. These companies report their annual income and expenses and pay corporate taxes accordingly. Tomorrow was supposed to be the last day for corporate taxpayers to file their annual income tax returns. However, the deadline has been extended by another month and a half. Companies will now be able to submit their returns until April 30.
Read more:Â Govt Moves to Cut Power Costs with 10% Renewable Energy by 2030
So far, the Office of the Registrar of Joint Stock Companies and Firms has registered approximately 225,000 companies. Filing annual income tax returns is mandatory for them. Meanwhile, the deadline for individual taxpayers to submit their returns ended on February 16. This year, a total of 3,973,757 taxpayers filed their returns, and the NBR collected only 3,144 crore taka in taxes.
Source: Prothom Alo
