Industries demand corporate tax cut
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Budget deficit worsens as revenue declines
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DCCI urges to cut corp tax by 2.5% for non-listed firms
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Current budget deficit widening
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Tax receipts fell 17,170 crore short of the goal
The National Board of Revenue (NBR) missed the goal set for the July-January period of the current financial year 2022–2023…
Fall in tax collection growth
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Business leaders advocating for separate tax administration
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Revenue needs to increase by three folds to meet IMF conditions
The International Monetary Fund (IMF) loan package stipulates that Bangladesh’s tax-to-GDP ratio must reach 9.5 percent; according to the Policy…
VAT exemptions contributing to low VAT-GDP ratio
Bangladesh’s tax evasion culture, poor infrastructure, a lack of skilled labor, automation, and effective government are all contributing to the…
VAT from 17 large banks falls to 7.0%
Value-added tax (VAT) collection from 17 big banks fell short of the target for the first half of the current…