NBR Cuts Soybean Oil Import VAT to 5% to Stabilize Prices
The National Board of Revenue (NBR) reduced the value-added tax (VAT) on soybean oil imports from 10% to 5% effective…
BD Faces $335M Yearly Loss from Corporate Tax Fraud
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BD Faces $335M Yearly Loss from Corporate Tax Fraud
Bangladesh is losing $355 million in tax annually due to corporate profit shifting and tax abuses by wealthy individuals, according…
LTU Revenue Collection Rises 12.14% in Q1 FY25
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LTU Revenue Collection Rises 12.14% in Q1 FY25
The Large Taxpayers Unit (LTU) recorded a 12.14% rise in revenue collection during July-September of FY2024-25 compared to the same…
NBR Faces Tk 307.67 Billion Revenue Shortfall by October
The National Board of Revenue (NBR) is facing a significant revenue shortfall, with a Tk 307.67 billion (Tk 30,767 crore)…
NBR Faces Tk 307.67 Billion Revenue Shortfall by October
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Import Duty on Onions Scrapped by NBR
The National Board of Revenue (NBR) has removed all import duties on onions, effective immediately from November 6, 2024, to…
Import Duty on Onions Scrapped by NBR
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NBR Lifts 5% VAT on Bond License Equipment Transfers
The National Board of Revenue (NBR) has exempted companies with a bond license from paying a 5% VAT on transferring…