VAT & Tax
NBR seeks to levy new taxes on 330 goods
The National Board of Revenue (NBR) is attempting to impose an additional tax on 330 non-essential goods. The Bangladesh...
Suppliers who pay 15% VAT are exempt from paying additional source VAT
The National Board of Revenue (NBR) stated that a supplier of goods or services who pays value-added tax (VAT)...
Revenue collected by NBR increased by 16 percent in the first quarter
Despite a Tk 40.74 billion shortfall compared to the target, the country's internal tax revenue collection increased by almost...
Reaching the target was difficult in Q1, with revenue collection down 13%
According to the most recent data from NBR, revenue collection increased in the first two months of the current...
A lower response rate for e-TDS
Even though fully automated electronic tax deducted at source (e-TDS) helps taxpayers have fewer hassles, about three lakh public...
Growth in revenue collection slows
According to official data, the cost of living crisis both domestically and abroad caused a slowdown in revenue collection...
Initiatives to be taken to levy taxes on foreigners
According to the minutes of a recent meeting of the National Coordination Committee (NCC) on Combating Money Laundering and...
Individual tax returns increased by 330% in Q1 FY23
The National Board of Revenue (NBR) reports that the number of individual tax returns increased significantly in the first...
Dhaka North gives its online taxpayers a 10% discount
Taxpayers in Dhaka North will receive a 10% discount when filing their taxes online through November 30. A press...
Huge profits were lost due to mobilization difficulties
Studies on budget deficits reveal that Bangladesh invests the least in domestic revenue mobilization among South Asian nations, missing...
Filing of income tax returns is increasing
In the current fiscal year, the number of income tax returns filed nationwide has dramatically increased to about 3...
VAT revenue increases by 20% in August
Due to the rising inflation and creative approaches used by the National Board of Revenue, value-added tax (VAT) collection...
NBR eases tax return submission requirements for loans and credit cards
The National Board of Revenue (NBR) has relaxed the clause requiring the submission of tax returns in order to...
Corporates fall behind on extended deadlines
Tax authorities are becoming more lenient in order to assist corporate taxpayers in submitting genuine tax returns that have...
In 10 months, Tk 6.66 billion in tax at source was collected using the e-TDS method
Over the last ten months, until August of this year, Tk 6.66 billion was collected through the electronic tax...
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