A significant shift has occurred in the role of tax returns
It is an unfortunate and persistent weakness in the VAT system, said the adviser
Presently, Bangladesh has 6.44 lakh VAT-registered entities
In our society, borrowing cash from relatives or friends during emergencies is quite common
Exporters will be required to use the automated Customs Bond Management System for all services
Imports of essential baby food will no longer require a 100 percent cash deposit under import letters of credit (LCs), the Bangladesh Bank has said..The clarification came after some banks mistakenly applied the full cash margin rule to essential baby food imports, the central bank noted i
Four cranes had arrived at RSGT Chittagong, formerly known as Patenga Container Terminal (PCT), earlier in September
The richer you are, the more tax you pay
The government announced a 41 percent average increase in service charges on September 14
From August 4 onwards, every taxpayer must file income tax return online
Importers worry new tax on edible oil will increase costs
IRD suspends assistant commissioner of taxes for alleged bribery
Nine more officials of the National Board of Revenue (NBR) have been suspended for their alleged involvement in organising protests against the government's ordinance that dissolved the NBR and split it into two divisions.
The government lost a substantial amount of revenue last year due to a surge in contraband cigarettes and local counterfeit production, said National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan yesterday..This came about in spite of the imposition of higher taxes, he said, adding,
Over 85 percent of the certificates, licences, and permits (CLPs) issued so far through the Bangladesh Single Window (BSW) system were delivered within an hour, according to the National Board of Revenue.
The finance ministry yesterday sent four top officials of the National Board of Revenue (NBR) into retirement on ‘public interest’.
The Anti-Corruption Commission (ACC) has initiated another formal inquiry into allegations of corruption and irregularities, including illegal amassing of wealth, abuse of authority, and favouritism, against five more senior officials of the National Board of Revenue (NBR).
NBR officials’ work abstention hampering export, import activities, they say