Dhaka: The newly-formed Income Tax Intelligence and Investigation Unit (ITIIU) of the National Board of Revenue (NBR) has achieved success over the first seven months of its full operations, detecting tax evasion worth around Taka 1,874 crore. Over this period, the unit conducted preliminary investigations into 183 individuals and entities, uncovering significant tax evasion.
According to Bangladesh Sangbad Sangstha, Taka 117.43 crore has already been recovered from 63 individuals and entities, with these funds being deposited into the state coffers through 231 a-challans. Since its inception in December 2024, the ITIIU has been working to recover lost revenues, unearth tax evasion, and ensure legal and fair revenue collection through its intelligence operations, as stated in an NBR press release.
Additionally, the bank accounts of more than 100 individuals and entities have been frozen based on specific evidence of tax evasion. The ITIIU has been encouraging taxpayers to comply voluntarily in paying taxes while also sending a clear message to tax evaders and money launderers that any kind of tax evasion or illegal accumulation of wealth will not be tolerated. The unit remains committed to taking appropriate legal action against such activities.
The NBR noted that the establishment of the ITIIU represents a significant step for Bangladesh’s revenue sector ethically, technologically, and legally. The initial achievements of the unit demonstrate its role in not only recovering lost revenues but also fostering a culture of compliance and strengthening tax discipline among citizens.
The release also indicated that the NBR firmly believes that ensuring fairness and accountability in tax collection can contribute to overall economic development and help reduce inequality. The growing capacity, technological advancement, and skilled human resources of the ITIIU are expected to play a crucial role in building a stronger and more resilient revenue framework for Bangladesh in the years to come.