High Effective Tax Rate Could Spark Capital Flight
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High Effective Tax Rate Could Spark Capital Flight
Businesspeople and analysts caution against Bangladesh’s high effective tax rate, fearing it will deter investors and lead to capital flight….
VAT Appeal Filing Cost Reduced by Half
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VAT Appeal Filing Cost Reduced by Half
The cost of filing VAT appeals in Bangladesh has been halved, as proposed in the 2024-25 fiscal year budget. Previously,…
NBR to Align Import Duties for 20 Products with WTO Standards
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NBR to Align Import Duties for 20 Products with WTO Standards
The National Board of Revenue (NBR) plans to align customs duties for 20 products with WTO Bound Duty rates in…
State Agency Advocates Simplifying Tax System to Boost Investment
A state agency proposes tax system simplification and avoidance of double taxation to attract domestic and foreign investment, aiming to…
State Agency Advocates Simplifying Tax System to Boost Investment
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66% Hike in Tobacco Tax Proposed in FY24-25
In the proposed national budget for fiscal year 2024-25, the government plans to increase tobacco tax rates to 66% across…
66% Hike in Tobacco Tax Proposed in FY24-25
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