The National Board of Revenue (NBR) has announced a tax incentive of up to five percent for individual taxpayers and Hindu Undivided Families (HUFs) who submit their income tax returns between July 1 and September 30, aiming to encourage voluntary tax compliance and timely return filing.

According to an NBR press release issued on Sunday, eligible taxpayers filing their returns within the three-month period will receive a tax rebate equivalent to five 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.

The NBR also outlined additional tax liabilities for late filers.

Taxpayers submitting returns between January 1 and March 31 will have to pay an additional amount equal to two percent of the tax payable or Tk 3,000, whichever is higher, under Section 173(2) of the Income Tax Act, 2023.

For returns filed between April 1 and June 30, the additional tax will be five percent of the tax payable or Tk 5,000, whichever is higher.

It said the new provision is intended to strengthen the culture of voluntary tax compliance by encouraging taxpayers to submit their returns at the beginning of the filing period, while also making tax administration more efficient and orderly.

The NBR noted that it launched the e-return service for individual taxpayers for the 2026-27 tax year on July 22.

Taxpayers can file their returns and pay taxes online through the NBR’s e-tax platform using bank transfers, debit and credit cards, as well as digital payment services including bKash, Nagad and Rocket.

Upon successful submission with accurate information, taxpayers can instantly obtain an acknowledgement receipt and tax certificate through the online system.

To assist taxpayers facing difficulties with online filing, NBR officials will provide support through the call centre (09643717171) and other electronic channels during office hours on working days.

The revenue authority urged taxpayers to submit their returns by September 30 to avail themselves of the tax rebate, reiterating that no incentive will be granted for returns filed after the deadline.