Submit your income tax return Online through the National Board of Revenue (NBR) portal. Here’s a step-by-step guide to help you navigate the process:
Steps to File an e-Return in Bangladesh
-
Register for an e-TIN:
- Ensure you have an electronic Taxpayer Identification Number (e-TIN). If you don’t have one, you can apply for it online through the NBR’s e-TIN registration system.
-
Prepare Your Documents:
- Collect all necessary documents, including income statements, investment proofs, expense receipts, and previous tax returns. Refer to the checklist provided earlier.
-
Log into the NBR Portal:
- Visit the NBR e-filing portal and log in using your e-TIN and password. If you are a new user, you will need to register first.
-
Access the e-Return Form:
- Once logged in, navigate to the section for filing returns and select the appropriate form based on your income type and filing status.
-
Fill Out the e-Return Form:
- Carefully enter all required details, including personal information, income details, deductions, and credits. The online form will guide you through the sections needed.
-
Upload Supporting Documents:
- Attach scanned copies of all relevant documents, such as salary slips, bank statements, and investment proofs. Ensure the documents are clear and legible.
-
Review and Verify:
- Double-check all entered information and uploaded documents for accuracy. The portal typically allows you to preview your filled-out form before submission.
-
Calculate Tax Liability:
- The system will automatically calculate your tax liability based on the provided information. Review the calculation to ensure it matches your own records.
-
Make Payment (if applicable):
- If you owe additional taxes, you can make the payment through authorized banks. The e-filing system may provide options for online payment or instructions for offline payment.
-
Submit the e-Return:
- Once you are satisfied with all the details and have made any necessary payments, submit your tax return through the portal.
-
Receive Acknowledgment:
- After submission, you will receive an acknowledgment receipt. Save or print this receipt for your records as proof of filing.
Tips for Successful e-Filing:
- Start Early: Begin the e-filing process well before the deadline to avoid last-minute issues.
- Keep Documents Handy: Ensure all necessary documents are available and organized for quick reference.
- Seek Assistance if Needed: If you encounter difficulties, consider seeking help from a tax professional or using the help resources available on the NBR portal.
- Stay Updated: Regularly check the NBR website for any updates or changes to the e-filing process or tax laws.
Important Deadlines:
- Tax Year: The tax year in Bangladesh runs from July 1st to June 30th.
- Filing Deadline: The usual deadline for submitting personal income tax returns is November 30th following the end of the tax year.
By following these steps and utilizing the NBR’s e-filing portal, you can efficiently submit your personal income tax return in Bangladesh and ensure compliance with tax regulations.