BB asks bank employees to file tax returns online

Bangladesh Bank (BB) has asked bank officials and staffs in the four city corporations of Bangladesh to submit their tax returns online.

The city corporations are- Dhaka North City Corporation (DNCC), Dhaka South City Corporation (DSCC), Gazipur City Corporation and Narayanganj City Corporation.

To this end, the Banking Regulations and Policy Department of the central bank gave the instruction on Wednesday.

Referring to a special order issued by the National Board of Revenue (NBR) on October 22, the announcement said all bank employees will have to follow the instructions.

All Managing Directors (MDs) and Chief Executive Officers (CEOs) of scheduled banks operating in the country have been instructed to ensure that their employees adhere to the online tax return submission requirement.

The central bank's notice explained that this directive has been issued under the authority granted by Section- 45 of the Banking Companies Act, 1991.

To facilitate easier compliance for the 2024-2025 tax year, the NBR launched an online return submission system on September 9. Individual taxpayers can now conveniently prepare and file their returns online via the platform at www.etaxnbr.gov.bd.