VAT & Tax
Amnesty for TIN owners yet to register tax returns
TIN holders who have yet to file their tax returns will be exempt from paying fines for previous years...
Hike in import duty, luxury item to be defined in coming budget
The NBR is anticipating a greater hike for fiscal 2022-23 after increasing regulatory duty on 120 items including cosmetics,...
Tax-free income limit may be kept unchanged in FY ’23
According to finance ministry officials, the administration is likely to leave the tax-free income level intact for fiscal year...
Tax policy to hit poultry after pandemic
Poultry farm owners with yearly revenues of less than Tk10 lakh would pay a 5% tax, while those with...
Taxpayers may get exemption facilities against Sukuk investment
According to an NBR source, the government is set to grant individual taxpayers income tax exemptions for investing in...
NBR increases duty charges to 20pc from 3 to 5pc
To discourage imports of furniture, fruits, flowers, and cosmetics, the National Board of Revenue increased the regulatory charge to...
In 10 months, revenue collection increased 15.21%
The overall revenue collection by the National Board of Revenue (NBR) during the July-April period of the current fiscal...
NBR to recruit private firms to operate electronic fiscal devices
According to a government official, the government has decided to appoint private firms to oversee the installation and operation...
VAT network to be expanded to cushion Tk 1,36,900 crore revenue
In the coming fiscal year, the government plans to develop the value added tax (VAT) network in order to...
Income Tax Wing of NBR racing to achieve goal in last 4 months of fiscal
The National Board of Revenue (NBR) has taken a tougher approach to increasing its collection from the Income Tax...
House owners under CCC will pay higher holding tax from July
House owners under the Chattogram City Corporation (CCC) will now pay nearly double the holding tax than before from...
NBR demand to cut tax exemptions
The National Board of Revenue (NBR) demands to cut tax exemptions significantly for several projects in public and private...
Tk95.15cr permitted in July-Feb under special scheme
According to NBR data, the National Board of Revenue received Tk95.15 crore in tax against undisclosed assets legalized by...
Commerce ministry urges NBR to reduce ‘beauty’ VAT
According to officials, the commerce ministry has requested that the National Board of Revenue (NBR) reduce VAT on the...
Tax erosion may cost USD 5b in EU market: Study
Bangladesh may lose USD5.28 billion worth of businesses each year in the European Union in the post-LDC era due...
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