Bangladeshi startup, Shapla has recently introduced a new platform, Shapla Tax, making it Shapla’s second product in the market, a press release said Monday. This platform will allow citizens to calculate and file their taxes online. This new B2C platform intends to automate the tedious process of tax filing and returns with ease and efficiency.
According to the National Board of Revenue (NBR), Bangladesh has a population of 169 million, of which only 6.7 million are taxpayers, making up less than 1 percent of the population that files their taxes.
In a recent announcement, the government has made it mandatory for online businesses with revenue of more than Tk 2,00,000 to submit taxes and enforced rules on submitting zero tax returns for freelancers. Shapla Tax enters the market to automate and assist individual taxpayers in navigating through the complex manual process of submitting taxes.
Tax calculations for individual taxpayers have always been manual and in many cases, complex. With this new feature introduced and already being used by a number of users to the fiscal year 2021-2022, Shapla is making taxpayers’ lives easier by using a free tax calculator and automating the entire process via an online portal.
