The tax-free income threshold for war-wounded freedom fighters may increase by 5%
The CPD distinguished fellow also questions transparency in policy formulation
The announcement comes amid continued protest by tax officials
In the face of turmoil amid continued protest by employees, the government yesterday backtracked from its position and stated it would bring “required amendments” to the new ordinance that split the National Board of Revenue.
Their four-point demand includes the repeal of the recently issued ordinance and the resignation of the NBR chairman
The government will duly consider demands from protesting officials of the National Board of Revenue (NBR), who have been observing a pen-down strike since the interim government passed an ordinance aimed at dissolving the revenue board on May 12.
Employees of the National Board of Revenue (NBR) yesterday postponed their pen-down strike after the top authority of the interim government invited them for a discussion over their demands to repeal the new Revenue Policy and Revenue Management Ordinance, 2025.
Simple rebranding won’t resolve structural flaws, he says
Bangladesh’s interim government has moved to restructure the country’s tax system by creating two new divisions under the Ministry of Finance, a move aligned with recommendations from the International Monetary Fund.
The National Board of Revenue (NBR) is set to introduce a new system for collecting travel tax directly from outbound passengers, replacing the current practice where airlines include the tax in ticket prices and later deposit it into the state coffer.
The CCCI submitted 114 proposals for the upcoming budget
Nearly 10 lakh out of 15 lakh e-return filers have submitted zero returns, he says at ERF event
SM Faruqi Hasan, founding president of the Ontario unit of the Awami League, is involved in the case
It also suggested reducing the highest income tax rate from 30% to 25%
A businessman has brought Tk 730 crore under the guise of remittances from abroad and claimed a tax break, creating suspicions of tax evasion among officials of the National Board of Revenue (NBR).
The tax administrator organises a pre-budget discussion
No additional 7.5% trade VAT for shopping at supermarkets
As of now, 14.10 lakh taxpayers have filed their returns through the online platform, says NBR Chairman