Automated Tax Assistance
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The proposed project is a net based software on calculating Net Tax payable by an assessee; individuals and organizations, under NBR under IRD (Internal Resource Division) of MOF (Ministry of Finance). Where we will input our incomes and the software will suggest us the amount of income that we have to pay as Tax. The system will introduce us a new way of utilization of technological facility. Now a day’s calculation of Tax becomes complex and time, energy and resource consuming and the quantity of tax payers increasing day by day. It is also very complex and tough to calculate record and give their tax amount. If all the stake holders as well as govt. takes initiatives, facilitate developers then this system can give proper tax assessment to all kind of assesses with in a glance of eyes.
Stakeholders:
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NBR:
The National Board of Revenue (NBR) is the central authority for tax administration in Bangladesh. Administratively, it is under the Internal Resources Division (IRD) of the Ministry of Finance (MoF). MoF has 3 Divisions, namely, the Finance Division the Internal Resources Division (IRD) and the Economic Relations Division (ERD). Each division is headed by a Secretary to the Government. Secretary, IRD is the ex-office Chairman of NBR. NBR is responsible for formulation and continuous re-appraisal of tax-policies and tax-laws in Bangladesh. Negotiating tax treaties with foreign governments and participating in inter-ministerial deliberations on economic issues having a bearing on fiscal policies and tax administration are also NBRs responsibilities. The main responsibility of NBR is to mobilize domestic resources through collection of Import Duties and Taxes, VAT and Income Tax for the Government. Side by side with collection of taxes, facilitation of international trade through quick clearance of import and export cargoes has also emerged as a key role of NBR. Other responsibilities include administration of matters related to taxes, duties and other revenue related fees/charges and Prevention of smuggling. Under the overall control of IRD, NBR administers the Excise, VAT, Customs and Income-Tax services consisting of 3434 officers of various grades and 10195 supporting staff positions.
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Individuals; those who earn taxable income.
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Corporations;