The National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan announced today that corporate tax returns will transition to a fully online system starting next year.
“This move is expected to significantly reduce the difficulties taxpayers face when interacting with tax offices.
The audit selection process has already been automated, and the NBR plans to implement automated selection methods for individual returns once they are fully integrated into the online system,” he said.
The NBR chief made these remarks while speaking at a pre-budget meeting with the Foreign Investors’ Chamber of Commerce and Industry (FICCI) at the NBR Building in the city.
Abdur Rahman Khan highlighted advancements in customs, stating that the Customs Bond Management System is now automated and integrated with international port operations.
This integration, which includes connectivity with Bangladesh Bank for commercial documentation, aims to eliminate the need for physical paperwork and manual processes previously required for bond facilities, he added.
However, addressing requests for tax relief, the Chairman remarked that reducing current tax rates would be a difficult challenge.
Representing the private sector, FICCI leaders, including President Rupali Haque Chowdhury, welcomed the automation initiatives.
They advocated for the creation of an integrated digital tax system connecting income tax, VAT, and customs to enhance efficiency, eliminate redundancy, and facilitate data-driven oversight.
The meeting featured a budget proposal presentation by tax expert Snehasish Barua of Snehasish Mahmud & Co.
FICCI leaders concluded by assuring the NBR of their full cooperation in implementing the corporate tax automation project.
