Dhaka, April 30 -- The number of income tax returns at the individual level in the current fiscal year (FY24) is expected to cross 4 million (40 lakh), said National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem.

"The number of TIN holders in 2020 was 6 million (60 lakh) which has now increased to 12 million (1.20 crore). The number of returns submitted in 2020 was 2.1 million (21 lakh) which has reached 3.9 million (39 lakh). We hope that the number of returns at the end of this year will cross 4 million (40 lakh)," he said.

The NBR chairman was addressing a seminar titled "Bangladesh's Domestic Resource Mobilization-Imperative and a Roadmap'" organized by the Policy Research Institute (PRI) held at a city hotel on Tuesda...