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Payment of tax on the basis of Return

payment tax on the basis of return section-74

Every person who is required to file a return under section 75,77,78,89(2),93(1) shall ,on or before the date on which he files the return, pay the amount of tax payable him on the basis of such return.

Income tax  payment

If you are a man and your annual income is not more than Tk 3,00,000, you do not have to pay income tax. But if the income exceeds that limit, you enter the tax net.

In the case of a woman, taxes are mandatory if her income is more than Tk 3,50, 000 a year.

How to pay taxes

First of all, a taxpayer should go through the website of the National Board of Revenue, to gather information about the overall process and necessary details in this regard.

After that, the taxpayer needs to obtain a Taxpayer’s Identification Number (TIN) by opening an account on the NBR website.

Registering for the TIN, the taxpayer will need to put in his or her national identification number, name, and other necessary information. A TIN number works as an income tax-related identity card.