tax

Tax corruption key barrier to business growth: CPD survey

Findings reveal firms crippled by bribery, complex tax laws

We need to talk about taxes

In Bangladesh, the process of taxation remains shrouded in complexity and subterfuge.

#Perspective / Eid shopping just got more expensive thanks to this new VAT

The recent VAT hike on clothing in Bangladesh strains businesses, consumers, and designers, especially with Eid approaching. Alternative measures like taxing luxury items or offering subsidies could have balanced revenue generation and economic sustainability more effectively.

Stocks jump as NBR cuts capital gains tax

Stocks soared yesterday as investors cheered the substantial cut in capital gains tax by the National Board of Revenue (NBR) to encourage big local and foreign investors.

NBR reduces tax rate to 15% on capital gains above Tk 50 lakh 

Prior to the rate cut, taxpayers had to pay 30 percent tax on the capital gains over Tk 50 lakh if the gains are realised in five years at any time of a year.

What does the new budget imply for menstrual health?

Dirty toilets, too much crowd, inadequate space, lack of privacy, and lack of water and soap in the toilets were cited as the top reasons for menstruating girls missing schools.

Gifts not sweet anymore as NBR mulls taxes

If someone receives a gift, they will have to show it in their income tax return at the end of the year. At the same time, the person who gives the present will also have to inform it in their income tax return.

A wrong signal is being sent by offering tax amnesty

Bank defaulters or tax evaders receive a number of amnesty and benefits for whitening black money.

Tax burden to get heavier, life even harder

The tax measures unveiled yesterday for 2024-25 are not going to provide any relief to taxpayers.

June 12, 2024
June 12, 2024

Gifts not sweet anymore as NBR mulls taxes

If someone receives a gift, they will have to show it in their income tax return at the end of the year. At the same time, the person who gives the present will also have to inform it in their income tax return.

June 7, 2024
June 7, 2024

A wrong signal is being sent by offering tax amnesty

Bank defaulters or tax evaders receive a number of amnesty and benefits for whitening black money.

June 7, 2024
June 7, 2024

Tax burden to get heavier, life even harder

The tax measures unveiled yesterday for 2024-25 are not going to provide any relief to taxpayers.

June 6, 2024
June 6, 2024

Corporate tax cut to 25%

But companies must go cashless

June 6, 2024
June 6, 2024

Minimum tax unchanged

Tk 5,000 for those under Dhaka, Chattogram city corporations

May 21, 2024
May 21, 2024

NBR plans self-assessment of tax liabilities for all firms

The National Board of Revenue (NBR) is likely to introduce self-assessment for companies from 2024-25 to allow them to determine their own tax liabilities and cut reliance on taxmen.

May 15, 2024
May 15, 2024

From mobile users to metro commuters, Bangladeshis to face more tax

Mobile phone calls and metro rail commutes among other daily activities may cost more in the next fiscal year as the government looks to increase taxes to boost its revenue collections.

January 13, 2024
January 13, 2024

Automated taxation system will increase revenue collection: DCCI

DCCI president emphasises the need for automated taxation to increase revenue collection

January 8, 2024
January 8, 2024

What lies ahead for Bangladesh’s economy?

To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.

December 22, 2023
December 22, 2023

Tax disputes of Tk 19,000cr pending at higher courts

The collection of nearly Tk 19,000 crore in direct taxes has been stuck at higher courts owing to cases filed by large corporates, some individuals and taxmen, according to the Large Taxpayers Unit (LTU) of the income tax department