Taxpayers can submit income tax returns online year-round

Taxpayers can submit their income tax returns around the year through the online system, but they have to pay an extra charge.

National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan made the announcement while speaking at a seminar on World Customs Day-2025 held at the Multipurpose Hall of the NBR in the capital's Agargaon area on Sunday.

Finance Adviser Dr Salehuddin Ahmed spoke at the programme as the chief guest. 

The NBR Chairman said that online return submission has gained growing popularity as some 12 lakh taxpayers submitted their returns through this system. 

He hoped that by January 31, 2025, the last day of the income tax return submission by individual taxpayers, it would be around 14 lakhs.

"But the online return submission will not be stopped. People can submit their returns 365 days of the year," he said. 

Rahman, however, said that the tax calculation up to January 31 would be different than the submission beyond January. 

"Automatically the taxpayers who will submit their returns after January 31 will have to bear some burden," he said. 

The NBR Chairman hinted that the rate would be two per cent extra over the tax amount for each month. "The maximum ceiling is 24 months and we will not take any interest over 48 per cent," he said.