2.85m TIN holders in country now

Dhaka,  Sat,  23 September 2017
Published : 11 May 2017, 21:11:08

2.85m TIN holders in country now

2.85m TIN holders in country now
FE Online Report
The total number of TIN holders has reached 2.85 million (28.55 lakh) as of the first week of the current month.

Finance Minister AMA Muhith disclosed it at a pre-budget meeting with editors and senior journalists of newspapers and electronic media on Thursday morning at his office in Dhaka.

He said that at the end of last fiscal year the Taxpayer’s Identification Number (TIN) holders accounted for 1.40 million.

The figure now rose to 2.85 million and it is likely to reach 3.0 million or close to it by the end of the current fiscal year (FY17).

The finance minister attributed the surge in the number of TIN holders to the efforts of the tax authority and also people’s willingness to pay tax.

“There is now a positive attitude among the people and they are willing to come under the tax nets and pay their taxes,” he added.

Mr Muhith also expressed his enthusiasm about the taxpayers’ demography by saying that most of the new taxpayers and TIN holders were aged below 40 years.

Editor : A.H.M Moazzem Hossain
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