NBR moves to check tax evasion

    UNB: National Board of Revenue (NBR) has put a strong vigilance mechanism in place to keep tax evasion in check.
    Official sources confirmed the UNB that NBR took the move as it does not want to underachieve its set goal of collecting a hefty Tk 2,96,201 crore revenue in financial year 2018-19.

    NBR has asked the Investigation and Intelligence Cell (IIC) formed in each of its tax zones to strengthen their vigilance aiming to contain the tax evasion.

    “As part of the programme to catch the tax evaders the NBR has asked the IIC to take effective steps regarding the matter,” a senior official of the NBR told UNB.

    The directive was given at a recent meeting with the field level officials of the revenue collecting authority at the conference room of the NBR.

    The NBR has asked the officials to look into the large taxpayers’ files properly. “They will send report to the Board regularly on their activities,” the NBR senior official said.

    There are 31 tax zones across the country and each tax zones have 22 circle offices. These offices collect taxes directly.

    The IIC has been formed in each tax zones with the commissioners of the respective tax zones as the head of the IIC.

    The NBR official said that the aim of the IIC is to identify the evaders – individual or organization.

    “By ensuring this it would be possible to increase the tax collection and the people will be discouraged to evade tax,” he hoped.

    He mentioned that the Cell will audit the big taxpayers and find out whether there is any incidence of income hiding, check previous income declaration and hold regular meetings with them.

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