{"id":28435,"date":"2025-05-12T12:37:27","date_gmt":"2025-05-12T12:37:27","guid":{"rendered":"https:\/\/thebangladeshtoday.com\/?p=28435"},"modified":"2025-05-12T12:51:08","modified_gmt":"2025-05-12T12:51:08","slug":"nbr-moves-to-bring-land-flat-building-owners-under-tax-net","status":"publish","type":"post","link":"https:\/\/thebangladeshtoday.com\/?p=28435","title":{"rendered":"NBR moves to bring land, flat, building owners under tax net"},"content":{"rendered":"\n<p><strong>TBT DESK:<\/strong> The National Board of Revenue (NBR) has initiated a move to track down owners of land, flats and buildings across the country to widen the country's narrow tax net.<br>The move comes as more than two-thirds of income tax return submissions fall below the taxable threshold of Tk 3.5 lakh, according to NBR data.<br>As per the law, people with an annual income below this threshold are exempt from paying income tax.<br>Currently, the number of Taxpayer Identification Number (TIN) holders in the country stands at over 1.15 crore. However, only slightly more than 40 lakh of them submitted their income tax returns.<br>Among these, a significant portion reported income below the taxable limit.<br>Under existing law, having a TIN is mandatory for purchasing land, buildings or flats in Bangladesh.<br>Both buyers and sellers of property valued above Tk 1 lakh within city corporations, cantonment boards and municipalities at district headquarters must have TINs, as stipulated in the Finance Bill.<br>The twelve-digit electronic TINs (E-TINs) of both parties must be included in the deed documents during the registration process of such properties.<br>\"So, for the sake of the revenue collection, we have taken the move to chase these owners of land, buildings and flats,\" a senior official of the NBR told.<br>He acknowledged that the revenue authority had previously fallen short in pursuing these property owners for tax purposes.\"We are ready to strike this sector from now on,\" he added.<br>NBR has instructed tax commissioners to bring all eligible individuals and organisations under the tax net and work to eliminate fears surrounding the tax process.<br>The Board also directed its offices to intensify tax surveys and reactivate dormant TINs as submission of income tax returns has been made mandatory for every TIN holder.<br>The Income Tax Wing has issued guidelines to field offices instructing them to collect taxpayer information from city corporations, Rajuk, sub-registrar offices and other relevant authorities.<br>This effort, known as \"internal survey,\" involves collecting secondary data - information already held by various institutions.<br>The NBR has extended this survey to the upazila level, targeting potential taxpayers through secondary data gathering. For example, an official may identify potential taxpayers from an employer's staff list.<br>\"This is called an internal survey,\" the senior NBR official explained.<br>Initially, the focus is on gathering data from trade licences issued by city corporations and municipalities. TINs will then be issued to these businesses to bring them under the tax net.<br>Besides, the NBR is obtaining data from the Bangladesh Investment Development Authority (BIDA) for foreign nationals, the BRTA for vehicle owners, sub-registry offices for land transactions, power distribution companies, and service providers.<br>Information on flat and house ownership is also being collected from the National Housing Authority.<br>\"We hope that this'll help us raise revenue collection,\" the NBR official added.<br>NBR sources said board officials are also conducting door-to-door surveys to identify new taxpayers.<br>To further this initiative, NBR has signed data-sharing agreements with various agencies, including BRTA, power distribution companies, the Department of National Savings and BIDA.<br>According to NBR data, income tax collection till May 2025 stood at Tk 1,14,924 crore, while actual collection was Tk 85,428 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TBT DESK: The National Board of Revenue (NBR) has initiated a move to track down owners of land, flats and buildings across the country to widen the country's narrow tax net.The move comes as more than two-thirds of income tax return submissions fall below the taxable threshold of Tk 3.5 lakh, according to NBR data.As [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":28268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,110,93],"tags":[54],"class_list":["post-28435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bangladesh","category-economy-business","category-nationwide","tag-54"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NBR moves to bring land, flat, building owners under tax net - The Bangladesh Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thebangladeshtoday.com\/?p=28435\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBR moves to bring land, flat, building owners under tax net - The Bangladesh Today\" \/>\n<meta property=\"og:description\" content=\"TBT DESK: The National Board of Revenue (NBR) has initiated a move to track down owners of land, flats and buildings across the country to widen the country&#039;s narrow tax net.The move comes as more than two-thirds of income tax return submissions fall below the taxable threshold of Tk 3.5 lakh, according to NBR data.As [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thebangladeshtoday.com\/?p=28435\" \/>\n<meta property=\"og:site_name\" content=\"The Bangladesh Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/web.facebook.com\/TBTNews.Media\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-12T12:37:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-12T12:51:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/thebangladeshtoday.com\/wp-content\/uploads\/2025\/05\/nbr.png\" \/>\n\t<meta property=\"og:image:width\" content=\"666\" \/>\n\t<meta property=\"og:image:height\" content=\"397\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Bangladesh Today\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bangladesh Today\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435\"},\"author\":{\"name\":\"Bangladesh Today\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/#\\\/schema\\\/person\\\/15f05feb59f0deb930d396ccadfb73de\"},\"headline\":\"NBR moves to bring land, flat, building owners under tax net\",\"datePublished\":\"2025-05-12T12:37:27+00:00\",\"dateModified\":\"2025-05-12T12:51:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435\"},\"wordCount\":538,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/thebangladeshtoday.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/nbr.png\",\"keywords\":[\"\u099f\u09aa \u09a8\u09bf\u0989\u099c\"],\"articleSection\":[\"Bangladesh\",\"Economy &amp; Business\",\"Nationwide\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435\",\"url\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435\",\"name\":\"NBR moves to bring land, flat, building owners under tax net - The Bangladesh Today\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/thebangladeshtoday.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/nbr.png\",\"datePublished\":\"2025-05-12T12:37:27+00:00\",\"dateModified\":\"2025-05-12T12:51:08+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/#\\\/schema\\\/person\\\/15f05feb59f0deb930d396ccadfb73de\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435#primaryimage\",\"url\":\"https:\\\/\\\/thebangladeshtoday.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/nbr.png\",\"contentUrl\":\"https:\\\/\\\/thebangladeshtoday.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/nbr.png\",\"width\":666,\"height\":397},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=28435#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thebangladeshtoday.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NBR moves to bring land, flat, building owners under tax net\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/#website\",\"url\":\"https:\\\/\\\/thebangladeshtoday.com\\\/\",\"name\":\"The Bangladesh Today\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/#\\\/schema\\\/person\\\/15f05feb59f0deb930d396ccadfb73de\",\"name\":\"Bangladesh Today\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3b95d9856df2115615c3f3a2e77fc25efbd97d23fde6e530ddfd178ed780c730?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3b95d9856df2115615c3f3a2e77fc25efbd97d23fde6e530ddfd178ed780c730?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3b95d9856df2115615c3f3a2e77fc25efbd97d23fde6e530ddfd178ed780c730?s=96&d=mm&r=g\",\"caption\":\"Bangladesh Today\"},\"url\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?author=6\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NBR moves to bring land, flat, building owners under tax net - The Bangladesh Today","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thebangladeshtoday.com\/?p=28435","og_locale":"en_US","og_type":"article","og_title":"NBR moves to bring land, flat, building owners under tax net - The Bangladesh Today","og_description":"TBT DESK: The National Board of Revenue (NBR) has initiated a move to track down owners of land, flats and buildings across the country to widen the country's narrow tax net.The move comes as more than two-thirds of income tax return submissions fall below the taxable threshold of Tk 3.5 lakh, according to NBR data.As [&hellip;]","og_url":"https:\/\/thebangladeshtoday.com\/?p=28435","og_site_name":"The Bangladesh Today","article_publisher":"https:\/\/web.facebook.com\/TBTNews.Media\/","article_published_time":"2025-05-12T12:37:27+00:00","article_modified_time":"2025-05-12T12:51:08+00:00","og_image":[{"width":666,"height":397,"url":"https:\/\/thebangladeshtoday.com\/wp-content\/uploads\/2025\/05\/nbr.png","type":"image\/png"}],"author":"Bangladesh Today","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Bangladesh Today","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thebangladeshtoday.com\/?p=28435#article","isPartOf":{"@id":"https:\/\/thebangladeshtoday.com\/?p=28435"},"author":{"name":"Bangladesh Today","@id":"https:\/\/thebangladeshtoday.com\/#\/schema\/person\/15f05feb59f0deb930d396ccadfb73de"},"headline":"NBR moves to bring land, flat, building owners under tax net","datePublished":"2025-05-12T12:37:27+00:00","dateModified":"2025-05-12T12:51:08+00:00","mainEntityOfPage":{"@id":"https:\/\/thebangladeshtoday.com\/?p=28435"},"wordCount":538,"commentCount":0,"image":{"@id":"https:\/\/thebangladeshtoday.com\/?p=28435#primaryimage"},"thumbnailUrl":"https:\/\/thebangladeshtoday.com\/wp-content\/uploads\/2025\/05\/nbr.png","keywords":["\u099f\u09aa \u09a8\u09bf\u0989\u099c"],"articleSection":["Bangladesh","Economy &amp; Business","Nationwide"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thebangladeshtoday.com\/?p=28435#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thebangladeshtoday.com\/?p=28435","url":"https:\/\/thebangladeshtoday.com\/?p=28435","name":"NBR moves to bring land, flat, building owners under tax net - The Bangladesh Today","isPartOf":{"@id":"https:\/\/thebangladeshtoday.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thebangladeshtoday.com\/?p=28435#primaryimage"},"image":{"@id":"https:\/\/thebangladeshtoday.com\/?p=28435#primaryimage"},"thumbnailUrl":"https:\/\/thebangladeshtoday.com\/wp-content\/uploads\/2025\/05\/nbr.png","datePublished":"2025-05-12T12:37:27+00:00","dateModified":"2025-05-12T12:51:08+00:00","author":{"@id":"https:\/\/thebangladeshtoday.com\/#\/schema\/person\/15f05feb59f0deb930d396ccadfb73de"},"breadcrumb":{"@id":"https:\/\/thebangladeshtoday.com\/?p=28435#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thebangladeshtoday.com\/?p=28435"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thebangladeshtoday.com\/?p=28435#primaryimage","url":"https:\/\/thebangladeshtoday.com\/wp-content\/uploads\/2025\/05\/nbr.png","contentUrl":"https:\/\/thebangladeshtoday.com\/wp-content\/uploads\/2025\/05\/nbr.png","width":666,"height":397},{"@type":"BreadcrumbList","@id":"https:\/\/thebangladeshtoday.com\/?p=28435#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thebangladeshtoday.com\/"},{"@type":"ListItem","position":2,"name":"NBR moves to bring land, flat, building owners under tax net"}]},{"@type":"WebSite","@id":"https:\/\/thebangladeshtoday.com\/#website","url":"https:\/\/thebangladeshtoday.com\/","name":"The Bangladesh Today","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thebangladeshtoday.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/thebangladeshtoday.com\/#\/schema\/person\/15f05feb59f0deb930d396ccadfb73de","name":"Bangladesh Today","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/3b95d9856df2115615c3f3a2e77fc25efbd97d23fde6e530ddfd178ed780c730?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/3b95d9856df2115615c3f3a2e77fc25efbd97d23fde6e530ddfd178ed780c730?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3b95d9856df2115615c3f3a2e77fc25efbd97d23fde6e530ddfd178ed780c730?s=96&d=mm&r=g","caption":"Bangladesh Today"},"url":"https:\/\/thebangladeshtoday.com\/?author=6"}]}},"_links":{"self":[{"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=\/wp\/v2\/posts\/28435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28435"}],"version-history":[{"count":1,"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=\/wp\/v2\/posts\/28435\/revisions"}],"predecessor-version":[{"id":28437,"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=\/wp\/v2\/posts\/28435\/revisions\/28437"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=\/wp\/v2\/media\/28268"}],"wp:attachment":[{"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thebangladeshtoday.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}