Monthly TDS Return Submission
Tokyo Consulting Firm Bangladesh offers comprehensive Monthly TDS (Tax Deducted at Source) Return Submission services to assist businesses in complying with Bangladesh’s tax regulations efficiently and accurately. Our expert team manages timely preparation and submission of TDS returns to the National Board of Revenue (NBR), ensuring your organization meets all legal obligations and avoids penalties.
- On-Time Filing: We ensure monthly TDS returns are submitted within deadlines mandated by the NBR, preventing fines or legal issues.
- Accurate Calculations: Our experts verify all TDS deductions and amounts before filing, maintaining precision and compliance.
- Seamless Process: We handle documentation, data reconciliation, and electronic submission through the official NBR e-TIN and e-filing portals.
What Our Monthly TDS Return Submission Includes:
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Compilation and verification of all tax deductions made during the month on payments such as salaries, contractor payments, rent, professional fees, and others.
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Preparation of monthly TDS statements with detailed payee information and deducted tax amounts.
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Electronic submission of TDS returns via NBR’s online system within the prescribed deadline (typically by the 10th of the following month).
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Coordination with your finance and payroll departments to gather timely and accurate data.
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Assistance in generating TDS certificates for deductees as proof of tax deducted and deposited.
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Resolution of any queries or notices related to TDS returns from the tax authorities.
Benefits of Using Our TDS Return Service
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Penalty Avoidance: Timely filing reduces risk of fines or interest due to late or incorrect returns.
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Regulatory Compliance: Full adherence to NBR regulations regarding TDS deductions, returns, and deposit.
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Improved Cash Flow Management: Accurate TDS tracking helps in effective tax planning and refund claims.
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Peace of Mind: Outsource complex tax filing processes to professionals and focus on your core business.
Relevant Deadlines and Compliance Notes
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The National Board of Revenue (NBR) requires monthly TDS returns submission by the 10th day of the following month after tax deduction.
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Late submission can lead to penalties and complications with tax assessments and refunds.
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TDS deducted must be deposited to the government’s treasury within the prescribed timeframes to validate the return submissions.
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Annual income tax return submission deadlines (such as those extended recently for companies until 30 April 2025) are separate but related compliance requirements.
Who Can Benefit?
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Companies and Corporates: With complex payrolls and multiple payment streams requiring TDS.
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SMEs and Startups: Ensuring compliance without burdening internal resources.
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Foreign Investors and Japanese Firms: Receiving expert local support to navigate Bangladeshi tax procedures.
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Professional Service Providers and Contractors: Accurate deduction and reporting of withholding taxes.
Why Monthly TDS Return Submission Is Important in Bangladesh
Proper monthly TDS return submission is crucial to ensure compliance with Bangladesh’s income tax regulations. It helps maintain transparent financial records, avoids legal penalties, and safeguards both the deductor and deductee’s interests regarding tax credits and refunds.
Ready to Simplify Your TDS Return Process?
Contact Tokyo Consulting Firm Bangladesh for a free 30-minute consultation to discuss your monthly TDS return needs. Our experts will streamline your tax compliance processes and reduce your administrative burden with end-to-end support.
Frequently Asked Questions (FAQ)
What is Monthly TDS Return Submission?
Who is required to file monthly TDS returns in Bangladesh?
By when must the monthly TDS returns be submitted?
What documents or information are needed to file a TDS return?
How is TDS return filed in Bangladesh?
Can TDS returns be revised if errors are found after filing?
What are the penalties for late filing of monthly TDS returns?
Is TDS deduction and TDS return filing the same?
How does timely TDS return filing benefit the deductee (employee or vendor)?
How can Tokyo Consulting Firm Bangladesh help with Monthly TDS Return Submission?
Other Services
Tokyo Consulting Firm Bangladesh provides professional VAT Audit Services to ensure that your business complies fully with Bangladesh’s VAT regulations under the VAT and Supplementary Duty Act of 2012. We help you prepare for VAT audits, handle audit proceedings smoothly, and minimize risks of penalties and disputes.
- VAT audits are mandatory for many VAT-registered businesses and are conducted by the National Board of Revenue (NBR) to verify accurate VAT reporting and payment.
- The audit involves examination of VAT returns, sales and purchase records, Mushak forms (such as Mushak 6.3 invoices and Mushak 9.1 returns), and other documentation.
- Proper preparation ensures compliance with VAT laws, avoids penalties, and facilitates input tax credit claims.
Tokyo Consulting Firm Bangladesh offers professional Tax Audit Support to help businesses and individuals navigate the complex tax audit process under Bangladesh’s tax laws. Our team ensures your audit is managed smoothly, compliantly, and efficiently, minimizing risk and potential penalties.
- Proactive Risk Management: Identify and resolve potential issues before they become major audit problems.
- Expert Representation: Confident handling of tax authorities and all audit communications on your behalf.
- Minimize Penalties: Strategic guidance to ensure compliance and avoid unnecessary fines or legal complications
Tokyo Consulting Firm Bangladesh provides reliable and efficient Monthly VAT Return Submission services to help your business comply with Bangladesh’s Value Added Tax (VAT) regulations seamlessly. We manage the entire process—from data collection and verification to timely filing—ensuring your VAT obligations are met accurately and on schedule.
- Timely Filing: We guarantee submission of your monthly VAT returns within the deadlines set by the National Board of Revenue (NBR), avoiding penalties and interest charges.
- Accurate Reporting: Our experts meticulously verify sales, purchases, input VAT, and other relevant data to ensure error-free returns.
- Hassle-Free Process: We handle all documentation, reconciliation, and electronic filing through the official NBR online portal on your behalf.
Tokyo Consulting Firm Bangladesh offers expert Tax Assessment services to help individuals and businesses accurately calculate, file, and manage their income tax and VAT obligations in compliance with the latest Bangladesh tax regulations. Our team ensures your tax assessment is thorough, timely, and optimized, safeguarding you from penalties and improving financial planning.
- Up-to-Date Compliance: Stay aligned with the latest tax rates and regulations effective for the assessment years 2025-2026 and beyond, including updated income tax slabs and VAT rules.
- Accurate Tax Calculation: Benefit from precise calculations of taxable income, corporate taxes, VAT liabilities, and applicable exemptions or rebates.
- Trusted Expertise: Trusted by numerous Japanese and international clients for comprehensive taxation support in Bangladesh.
Safura Tower (10th Floor, South), 20 Kemal Ataturk Avenue, Banani C/A, Banani, Dhaka, 1213, BD
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