In our society, borrowing cash from relatives or friends during emergencies is quite common
In Bangladesh, the process of taxation remains shrouded in complexity and subterfuge.
New taxpayers will pay Tk 1,000 tax if their annual taxable income falls below Tk 450,000.
After five years, the income tax rate for the highest bracket is likely to revert to 30 percent in the upcoming fiscal year as part of the government’s efforts to address growing inequality — an issue that is among the country’s major economic concerns.
The National Board of Revenue (NBR) has for a second time extended by a month the deadline for individual taxpayers to file tax returns.
The government has moved away from its decision to raise the highest income tax rate to 30 percent and end tax holidays for investors in economic zones and hi-tech parks.
While the cost of living remains high, with the inflation rate hovering at over 9 percent throughout the year, no ray of hope came for the common people in the budget declared yesterday. This is upsetting for the low and middle-income groups of society.
The tax measures unveiled yesterday for 2024-25 are not going to provide any relief to taxpayers.
Threshold increased for women, senior citizens, physically challenged persons, third gender, freedom fighters
The tax measures unveiled yesterday for 2024-25 are not going to provide any relief to taxpayers.
While the cost of living remains high, with the inflation rate hovering at over 9 percent throughout the year, no ray of hope came for the common people in the budget declared yesterday. This is upsetting for the low and middle-income groups of society.
Threshold increased for women, senior citizens, physically challenged persons, third gender, freedom fighters
In the coming year, the NBR may announce tax rates that will not only be applicable for the outgoing income year 2023-24 but also for the next income year 2024-25.
The port city’s income tax department handed over the best taxpayer awards
It is Monem's 10th consecutive top taxpayer award from the zone
The income tax law explains the issue
The revenue authority desperately needs to accelerate tax collection in order to enable the country to widen its capacity to spend more from its own coffer and cut reliance on external funds, said its chief yesterday.
The price of mild steel (MS) rod may soon cross Tk 1 lakh per tonne as production costs have risen due to a recent hike in fuel and energy prices amid the ongoing US dollar crisis, according to industry people.
The state coffers were robbed of Tk 258 crore for 26 counts of irregularities by the Chattogram Port Authority between fiscal 2017-18 and 2019-20, found the Comptroller and Auditor General (CAG).
