Highest Income Tax Rate May Rise to 30%
The government has decided to maintain the highest income tax slab rate at 25% for the fiscal year 2024-25, delaying…
Revenue Worth Tk 80,000 Crore Stuck in 30,000 Pending Cases
Approximately Tk 80,000 crore in revenue remains uncollected due to about 30,000 pending cases in Bangladesh’s Supreme Court, appellate commissioners,…
Revenue Worth Tk 80,000 Crore Stuck in 30,000 Pending Cases
Approximately Tk 80,000 crore in revenue remains uncollected due to about 30,000 pending cases in Bangladesh’s Supreme Court, appellate commissioners,…
Govt Retains 25% as Maximum Income Tax Rate
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Govt Retains 25% as Maximum Income Tax Rate
The government has made several amendments to the Finance Act 2024, retaining the highest income tax rate at 25% instead…
Govt Offers 15% Tax Rate to Whiten Undisclosed Money
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Govt Offers 15% Tax Rate to Whiten Undisclosed Money
The Finance Bill 2024 has passed despite criticism, retaining a provision allowing undisclosed money to be whitened with a 15%…
Bank Accounts of Three Firms Frozen by NBR
State-owned Jamuna Fertilizer Company Ltd, despite years of profitability and substantial fixed deposit receipts (FDRs), faced unprecedented tax enforcement. Taxmen…
Penalty for Not Displaying Tax Return Certificates
In a bid to enhance tax compliance among businesses, the Finance Minister has proposed imposing a penalty ranging from Tk…
Government’s 15% Tax Amnesty Gains Support from ICAB
The Institute of Chartered Accountants of Bangladesh (ICAB) supports the government’s 15% tax amnesty for companies to legalize undisclosed income…