In the Finance Ordinance 2025–26, presented on Monday, the government proposed amending the Customs Act 2023 and revising the penalty structure for tax evasion related to intentional false declarations during import clearance, reducing the minimum fine from twice the evaded amount to an equivale
The interim government is set to introduce a wide range of tax and duty reforms in the upcoming fiscal year to facilitate the country’s smooth graduation from Least Developed Country (LDC) status and drive economic growth.
These include steps to reduce the cost of doing business and align tax policies with the requirements of LDC graduation
The government is going to expand import duty exemptions on pharmaceutical raw materials and medical equipment, with 79 new items expected to be added to the duty-free list in the upcoming national budget.
About 69 percent of low-income people view the value-added tax (VAT) on essential items as excessive, according to a survey, with most seeing it as a significant financial burden.
The government is considering reducing customs duty on seven imported tanning chemicals in the upcoming national budget, offering slight relief to the country’s struggling tannery sector.
From horse-drawn carriages to helicopters, weddings in Bangladesh have taken flight -- literally. What was once a luxury reserved for the ultra-rich has become an aspirational trend among the middle class in recent years.
The National Board of Revenue (NBR) is set to propose zero import duties on an additional 100 goods in the upcoming national budget, aiming to boost bilateral trade with the United States and cushion higher tariffs on Bangladeshi products entering the American market.
In the Finance Ordinance 2025–26, presented on Monday, the government proposed amending the Customs Act 2023 and revising the penalty structure for tax evasion related to intentional false declarations during import clearance, reducing the minimum fine from twice the evaded amount to an equivale
The interim government is set to introduce a wide range of tax and duty reforms in the upcoming fiscal year to facilitate the country’s smooth graduation from Least Developed Country (LDC) status and drive economic growth.
These include steps to reduce the cost of doing business and align tax policies with the requirements of LDC graduation
About 69 percent of low-income people view the value-added tax (VAT) on essential items as excessive, according to a survey, with most seeing it as a significant financial burden.
The government is going to expand import duty exemptions on pharmaceutical raw materials and medical equipment, with 79 new items expected to be added to the duty-free list in the upcoming national budget.
The government is considering reducing customs duty on seven imported tanning chemicals in the upcoming national budget, offering slight relief to the country’s struggling tannery sector.
From horse-drawn carriages to helicopters, weddings in Bangladesh have taken flight -- literally. What was once a luxury reserved for the ultra-rich has become an aspirational trend among the middle class in recent years.
The National Board of Revenue (NBR) is set to propose zero import duties on an additional 100 goods in the upcoming national budget, aiming to boost bilateral trade with the United States and cushion higher tariffs on Bangladeshi products entering the American market.
About 2 lakh tonnes of imported goods left abandoned at Chattogram port alone for years
Revenue collection by Chattogram Customs House rose 12 percent over the past nine months thanks to the easing of import restrictions, with shipments of Ramadan essentials surging ahead of the month of fasting for Muslims..The country’s top revenue earner collected Tk 55,346 crore in the Ju