Tax & Customs
Special arrangements in Nov to help file tax returns
Instead of holding an income tax fair, the National Board of Revenue (NBR) says it will have dedicated officials and special arrangements at field-level offices to extend tax services and facilitate return submissions throughout November.
e-filing of tax returns crosses 50,000 in less than a month
The NBR relaunched the e-filing portal on Sep 9
NBR forms taskforce to reform income tax law
Tax Commissioner Ikhtiar Uddin is heading the seven-member task force
NBR asks officials to come to office on time
The National Board of Revenue (NBR) has asked the officials of its income tax wing to be at office ahead of the 9:00am reporting time.
Finance adviser urges NBR to reconsider duty structure
Finance and Commerce Adviser Salehuddin Ahmed yesterday asked the National Board of Revenue (NBR) officials to reconsider the duty structure of imported essential commodities in a bid to tackle persistent inflation..The adviser said essential commodities, namely edible oil, sugar, potato a
Waive port charges incurred amid recent unrest
The Bangladesh Shipping Agents’ Association (BSAA) has urged the government to waive all port charges incurred for delays in container handling amid the weeklong unrest, internet outage and stringent curfew that began on July 18..The BSAA, the country’s sole trade body for shipping agents,
Kaus Mia: a role model in a nation where tax noncompliance is rife
The late successful businessman had been one of the highest taxpayers in Bangladesh since 2010-11
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.
Tax on provident fund incomes reduced to 15%
The National Board of Revenue (NBR) has cut the tax on the income generated by provident and other pension funds to 15 percent from 27.5 percent in the current fiscal year.
42 top Ctg taxpayers honoured
The port city’s income tax department handed over the best taxpayer awards
ASM Mohiuddin Monem again becomes Cumilla’s top taxpayer
It is Monem's 10th consecutive top taxpayer award from the zone
Retail VAT collection surges 10 times after EFD rollout
Now, NBR is getting around Tk 50,000 a month from each shop using the device.
Transcom chief Shahnaz Rahman among top taxpayers again
Once again, Transcom Group Chairman Shahnaz Rahman has been named one of the 76 highest taxpayers in the country
Land transfer tax cut in some areas
The government has cut the land transfer tax in certain areas of Dhaka and Chattogram districts in order to make it affordable, encourage the registration of property transfers and increase revenue collection.
NBR names 9 top VAT depositor firms of FY22
Five made it to the list for consecutive second year
Ctg chamber wants Jan 31, 2024 as tax return submission deadline
The deadline is scheduled to end on Nov 30
FBCCI demands extension
(FBCCI) has urged the revenue authority to extend the deadline for income tax return submission for individual taxpayers until December 31
Automation will boost tax collection, reduce payers’ hassles: DCCI president
Automation of the tax collection system will reduce the taxpayers' hassles as well as increase revenue collection by the National Board of Revenue, said Md Sameer Sattar, president of the Dhaka Chamber of Commerce and Industry (DCCI).