29,28,093 tax payers in country: minister

Dhaka,  Wed,  23 August 2017
Published : 10 Jul 2017, 19:47:27

29,28,093 tax payers in country: minister

Food Minister M Quamrul Islam, on behalf of the finance minister, has said there are 2.92 million (29,28,093) individual taxpayers in the country in the fiscal year 2016-2017 and it was expected to reach 3 million (30 lakh) at the end the fiscal.

"Names of some 0.9 million (nine lakh) new taxpayers were registered in the first nine months of the 2016-2017 FY," he told while replying to a question from treasury bench member Golam Dastgir Gazi of Narayanganj-1 in the Jatiya Sangsad.

Quamrul said that over 0.4 million (four lakh) new taxpayers submitted their returns in the same fiscal.

The government has taken various steps to bring more people under the tax net to expand it further, he informed the House adding that the government has undertaken steps to increase revenue collection to 50 per cent from 37 per cent by 2020-2021 FY from income tax, according to BSS.

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