Want to check your income tax return in Bangladesh? It is now easier online. You can do it from home. There is a portal of the National Board of Revenue (NBR). Such a system allows taxpayers to check their information. All you have to know is your Tax Identification Number (TIN). This is a guide that will demonstrate the simple steps. It saves you the hassle of having to stand in long queues at the tax office. It is fast and easy to check online.
Legal Advice BD is here to let you know how to check income tax return online in BD! Keep reading!
Why Should You Check Your Income Tax Return Timely?
Avoid Legal Problems
The tax department can detect errors. This may occur even when you file your return. Looking at it assists you in uncovering mistakes. Then you can make corrections in a short time. This protects you against notes or fines. It prevents legal trouble. Better to be safe than sorry.
Related: Make sure your filing is accurate by understanding the new income tax slab in Bangladesh, so you don’t fall into the wrong tax bracket unknowingly.
Get Your Refund Faster
Sometimes, you pay extra tax. This implies a refund is due to you. This money will be refunded to you by the government. But you should make sure your return is submitted. Looking at your position online indicates whether it is accomplished. This will assist you in getting your refund money back without incurring long delays.
Plan Your Money Better
A large portion of your finances is in taxes. The knowledge of tax status assists you in planning. You know whether you are owing or you will receive a refund. This assists you in budgeting for the year. It eliminates the payment of surprises in the future. You remain in charge of your money.
Need help figuring out how much tax you owe? Use this income tax calculation guide for Bangladesh to prepare in advance.
Keep Your Record Clean
Your tax form is a big thing. It may be requested by banks and other institutions. When you make a proper and punctual return, you are on time. It cleanses your financial paper trail and makes it credible. This assists in taking loans or visas.
Peace of Mind
Last but not least, you can check your return and get peace. You know all is registered in order. You won’t have any fear of receiving a surprise letter from the tax office. You may be confident that you are discharged. This sense of safety is quite peaceful.
Simply put, you can save yourself a lot of trouble in the future by doing a little today. It is an easy habit of every conscientious individual.
How to Check Income Tax Return Online in BD: Explained
You have to prepare two things before you check your income tax return. To start with, you require your Tax Identification Number (TIN). This is a personal number of each taxpayer. If you don’t have a TIN yet, here’s how to get an e-TIN certificate in Bangladesh.
Second, you have to know your password number with your online tax account. In case you forgot your password, you can reset it on the site.
Step 1: Visit the Website.
Note: Open your internet browser. Type in the official web address for Bangladesh’s tax authority. The right site is: etaxnbr.gov.bd This is the portal that is considered safe for tax services. It is the official site of the Bangladesh Government. Never trust any other site other than this. It is not safe.
Step 2: Log in to Your Account
On the website’s homepage, look for the login section. You will see two empty boxes. Enter your TIN number in the first box. Enter your password in the second box. Thereafter, enter your account with a single click on the ‘Login’ button.
Step 3: Find the Return Status Section
Once you have logged in, you will be presented with your account dashboard. It is similar to your own tax homepage. Find a menu command such as View Return Submission Status, or something like that. There may be a few variations in the words. Click on that link or button.
Step 4: Select the Correct Year
The site will then request that you select an assessment year. It is the year you submitted the tax return. As an example, in case you paid tax in the year 2023-2024, you would choose that year in the list. Make sure that you are choosing the correct one.
Step 5: View Your Status
Select the year and then either press the Submit button or the View button. You will now be informed of the status of your tax return for that year. Different statuses may be observed. Submitted is that they were sent. They are processing it. ‘Accepted’ means that it is approved.
If you need help submitting your return in the first place, read this full guide on how to submit tax returns in Bangladesh
Facts You Should Keep in Mind Before Checking Income Tax Return Online in BD
You may sometimes get a notice or a mistake. Do not panic. The site can inform you of what is wrong. It may be some slight slip in your figure. Note down the problem. After that, you have time to correct it by making a corrected return. In case you do not understand it, call on your tax advisor.
Dealing with VAT too? Here are common VAT registration documents you may need in other parts of the process.
Always remember that you should log out of your account before leaving. This is particularly necessary when you access a shared or public computer. Logging out ensures your financial data is safe and secure.
It is easy to check your tax return online in Bangladesh. It puts you in control and keeps you up-to-date. By doing so on an annual basis, you will be stress-free and legally abiding.
Conclusion
It is a good idea to check your tax return online. It saves you time and effort. The NBR website simplifies the procedure. Always make sure to use your TIN and password. In case of difficulties, call your tax advisor or the NBR helpdesk. One of the most important elements of being a responsible taxpayer is to keep abreast of your tax position. This simple habit keeps your financial records clear and in order.
If you’re a freelancer, check out these income tax tips for freelancers in Bangladesh to avoid common mistakes.
Hopefully, you understood how to check your income tax return online in BD! If you need further assistance, you can contact Legal Advice BD! Best of luck!