Md Abdur Rahman Khan, Chairman of the National Board of Revenue (NBR), has stated that the government is considering imposing taxes on bank transactions, along with increasing tax burdens on high-net-worth individuals.
He made these remarks on Thursday during a pre-budget discussion meeting held at the Circuit House in Chattogram.
According to the NBR Chairman, authorities are currently evaluating whether a tax on bank transactions can be implemented effectively. He also noted that increasing taxes on inherited wealth and high-income groups is under active consideration as part of upcoming fiscal planning.
Khan emphasized the need for a fully digitized tax system to enhance efficiency and transparency. He stated that achieving national revenue targets is not possible by the NBR alone, and requires coordinated efforts from all government agencies. Institutions such as city corporations and municipalities must adopt more modern and proactive approaches to tax collection.
Highlighting the broader objectives of the upcoming budget, he mentioned that expanding benefits for marginal communities will be a key priority. He also stressed that both small and large government projects should be brought under the tax framework.
To improve efficiency, the NBR is working on system integration with Bangladesh Bank and introducing automation to prevent misuse of customs bonds.
Khan further noted that the ongoing digitization of tax processes will significantly reduce complaints and eliminate the need for taxpayers to physically visit customs, VAT, or bond offices. Under the new system, tax refunds—if validated—will be automatically transferred to taxpayers’ bank accounts upon submission of returns.
He also raised concerns about tax evasion and the submission of fraudulent audit reports, urging greater awareness and compliance among taxpayers regarding automated return filing and VAT payments.
The event was attended by senior officials, including Divisional Commissioner Dr. Zia Uddin, Deputy Commissioner Zahidul Islam Mia, along with representatives from various government agencies and business communities.
Later in the day, the NBR Chairman also participated in another pre-budget discussion for the 2026–27 fiscal year at the World Trade Center in Chattogram.
