Several trade bodies demanded tax cut in the upcoming FY

Pre-budget discussion for the upcoming fiscal year (2020-21) is going on the fast track. Even though the Finance Minister will present the...

NBR urged by BRTA for advance income tax to be imposed on electric vehicles

The National Board of Revenue (NBR) has been requested by the Bangladesh Road Transport Authority (BRTA) so that advance income tax can...

MCCI postulated budget proposals at NBR conference

As of 9th March (Tuesday), the Metropolitan Chamber of Commerce and Industry (MCCI) demanded the government for reducing land registration fees, stating...

NBR to take moves against field-level VAT officials if found guilty on data tempering

The National Board of Revenue (NBR), for the first time, has taken the decision to punish its officials over the complaints of...

NBR to engage two wings to detect tax evasion

The National Board of Revenue (NBR) has recently made a decision to exchange taxpayers’ information between its Income Tax and VAT wings...

NBR awarded Kaus Mia as the best taxpayer of Mujib Year

The National Board of Revenue (NBR) acclaimed eminent businessman and social activist Kaus Mia as the best taxpayer of ‘Mujib Borsho’ for...

Tax waivers on local products sought by the traders of Rangpur

For at least 5 years, the traders of Rangpur division have sought tax waivers for local products such as shataranji, earthenware and...

NBR mitigated rules to adjust advance VAT

As per the Value-Added Tax Act, 1991, the revenue authority has mitigated the rules for businesses to assist them adjust the VAT...

Foreign investors urged on cut in the corporate tax

On 2nd March (Tuesday), to encourage investment, the Foreign Investors' Chamber of Commerce & Industry (FICCI) demanded a cut in the corporate...

Local and foreign oil, gas companies suffering due to tax complexities

The International Oil Companies (IOCs) as well as local ones are facing complexities in releasing imported supplies and equipment for gas plants...

Income tax upon the human vaccines import waived by NBR

The National Board (NBR) of Revenue has waived the advance income tax on import of any type of human vaccine to make...

NBR halved the rate of VAT on mobile phone operators’ fees

The National Board of Revenue (NBR) has recently halved the value added tax (VAT) on different fees of mobile phone operators, including...

NBR allegation against Delta Life Insurance for evading TK35.17 cr in VAT

VAT Audit Intelligence and Investigation Directorate (VATAIID) of the NBR has filed a case on February 11 (Thursday) under the VAT act...

Tax revenue follows an uptrend in the first half of FY2021

The recent provisional data of National Board of Revenue (NBR) has shown that it collected revenue of Tk213.77 billion against its target...

7,650 taxpayers deposited Tk962.06 crore in tax returns against undisclosed asset

A total of 7,650 taxpayers have shown their undisclosed assets in their returns for the tax year 2020-21 and thus deposited Tk962.06...

Recent Article

Bank Asia re-elects A Rouf Chowdhury as its chairman

Bank Asia has re-elected A Rouf Chowdhury as chairman of Bank Asia at the 453rd meeting of its Board of Directors.

Gazi Golam Ashria became the new chairman of Jamuna Bank

Gazi Golam Ashria has been elected as the chairman of the board of directors of Jamuna Bank Limited for a timeframe of...

Stocks continue to struggle as profit booking goes on

Stocks closed lower on May 3 (Monday) as the profit-booking tendency continues to prevail among the investors after the 3-day streak of...

After 7 years of its launch, the number of agent banking accounts reach the...

The amount of accounts in agent banking in the nation reached the 1 crore mark in January 2021, after 7 years of...

Govt plans utilizing a large amount of aid for development projects

The government plans to utilize foreign aid worth Tk 88,024 crore for development projects in the next fiscal year. The amount is...

Uttara Group managing director to be felicitated by Japan

Chairman and managing director of Uttara Group, Matiur Rahman, is set to receive an award from Japan for his contribution in promoting...

Sea levels rising induced coastal migration could affect 1.3 million Bangladeshis by 2050: study

A recent study published by the American Geophysical Union – an international scientific group apprehended that there could be a triggered wave...

Credit growth of the private sector declines again in March

The credit growth of the private sector has returned to the downward trend in March after a slight recovery in April as...