40% of TIN-Holders May Skip Returns This Fiscal Year
The National Board of Revenue (NBR) in Bangladesh is grappling with a significant issue: out of 1.4 crore Tax Identification…
Bangladesh’s Reversal of Tax Holiday Sparks Investor Concerns
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Bangladesh’s Reversal of Tax Holiday Sparks Investor Concerns
The Bangladesh government’s decision to revoke the 10-year tax holiday for new investors in private economic zones and hi-tech parks…
Source tax on outward remittances for tuition fees exempted
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Source tax on outward remittances for tuition fees exempted
The proposed budget for fiscal year 2024-25 brings good news for students studying abroad and certain businesses in Bangladesh. The…
Penalty for Not Displaying Tax Return Certificates
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Government’s 15% Tax Amnesty Gains Support from ICAB
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Trade Bodies Urging Tax Exemption for Web Hosting and Cloud Services
Trade bodies in Bangladesh’s ICT sector have urged the government to keep web hosting and cloud service companies tax-free to…
Tax Waivers Bring Awaited Benefits for Drug Makers and Consumers
The proposed tax waivers for imports of certain raw materials in FY25 aim to benefit consumers and drug manufacturers, particularly…
State-Owned Firm Faces Tax Enforcement Tk 860M Recovered
State-owned Jamuna Fertilizer Company Ltd, despite years of profitability and substantial fixed deposit receipts (FDRs), faced unprecedented tax enforcement. Taxmen…