The National Board of Revenue (NBR) has introduced a tax incentive of up to 5 percent, capped at Tk 25,000, for individual taxpayers and Hindu Undivided Family (HUF) taxpayers who submit their income tax returns between July 1 and September 30 under the Income Tax Act, 2023.

According to an NBR press release issued on Monday, eligible taxpayers who file their returns within the specified period will receive a tax rebate equal to 5 percent of the tax payable under Section 173 of the Income Tax Act, 2023, subject to a maximum benefit of Tk 25,000.

The revenue authority said no tax incentive will be available for returns filed between October 1 and December 31.

Taxpayers submitting returns between January 1 and March 31 will be required to pay an additional amount equal to 2 percent of the tax payable or Tk 3,000, whichever is higher, under Section 173(2) of the law. For returns filed between April 1 and June 30, the additional payment will increase to 5 percent of the tax payable or Tk 5,000, whichever is higher.

The NBR said the initiative is intended to encourage voluntary tax compliance, promote early submission of tax returns, and improve the efficiency and discipline of tax administration.

The board also noted that it launched its e-Return service for the 2026-27 tax year on July 22, allowing taxpayers to file returns online through the NBR’s e-tax portal.

Taxes can be paid through bank transfers, debit and credit cards, and digital financial services including bKash, Nagad and Rocket. Upon successful submission of accurate information, taxpayers can instantly download an acknowledgement receipt and tax certificate through the online system.

The NBR said officials will provide support through its call centre and other electronic channels during office hours on working days to assist taxpayers with online return filing.

The revenue board urged all eligible taxpayers to submit their income tax returns by September 30 to qualify for the tax rebate.