The government has exempted Bangladesh Railway from the requirement to submit proof of income tax return filing, citing its status as a state-owned, non-taxable entity, reports BSS.
According to an official order, the National Board of Revenue (NBR) granted the exemption under Section 264(4) of the Income Tax Act 2023.
The order specifies that, as a government institution and non-taxable entity, Bangladesh Railway will no longer be required to present a Proof of Submission of Return (PSR).
Bd-pratidin English/ Jisan
