Tax and Customs

Tax and Customs

NBR’s national single window launched for simpler trade procedures

Seven out of 19 customs agencies have been integrated

1w ago

Tax return submission deadline extended to Jan 31

The National Board of Revenue (NBR) has for a second time extended by a month the deadline for individual taxpayers to file tax returns. 

2w ago

Panel formed to make tax expenditure policy

The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.

3w ago

Tax cuts yield limited impact on rising commodity prices: NBR chairman

Egg, sugar prices became cheaper to some extent, not other commodities, he says

1m ago

Electronic filing of tax return doubles since July

Over 5 lakh submitted e-returns since July 1 to November 24

1m ago

Most SMEs cite tax structure as main barrier

Around 57 percent of surveyed small and medium enterprises (SMEs) cited the existing tax structure as the main obstacle to doing business in compliance with the law, according to a report by the SME Foundation

1m ago

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.

2m ago

e-filing of tax returns crosses 50,000 in less than a month

The NBR relaunched the e-filing portal on Sep 9

3m ago

Introducing a pro-taxpayer revenue regime

Establishing a pro-taxpayer environment in an emerging economy like Bangladesh where the tax-GDP ratio is hovering around 10-11 per cent requires a very close review of existing rules and regulations one by one, if not word by word in fitting with present day demand of social norms and business practices.

3y ago

Customs seizes 3.2cr fake cigarette tax stamps

The Custom House, Chattogram (CHC) has seized 3.2 crore cigarette tax stamps that were illegally brought from China under false pretense.

3y ago

38% of revenue comes from VAT: NBR chairman

Over 38 per cent of the revenue collected by the National Board of Revenue (NBR) comes from value-added tax, said Abu Hena Md Rahmatul Muneem, chairman of the tax administrator.’

3y ago

Nahid Enterprise sued for dodging Tk 275cr VAT

The VAT Intelligence has sued Nahid Enterprise for evading value-added tax of Tk 275 crore in five years between July 2016 and May 2021.

3y ago

Tech firms pay Tk 30cr VAT

Global tech giants have deposited a total of Tk 30 crore in value-added tax (VAT) to the state coffer since they received VAT registration from the National Board of Revenue, said officials yesterday.

3y ago

VAT intelligence raids American Burger

VAT intelligence today conducted a drive at American Burger, a fast food shop at Dhanmondi in Dhaka.

3y ago

NBR extends tax return deadline until December 31

The National Board of Revenue (NBR) today extended the deadline for income tax return submission by a month.

3y ago

Tax rate will come down if tax net can be widened: analysts

The tax rate will come down if more people can be brought under the tax net, analysts said in a seminar today.

3y ago

Vehicles sold in Ctg auction now need clearance from commerce ministry

The importers and bidders who bought cars from Chattogram customs through auction have failed to release the vehicles, as they did not get clearance permit from the commerce ministry. 

3y ago

Vehicles sold in Ctg auction now need clearance from commerce ministry

The importers and bidders who bought cars from Chattogram customs through auction have failed to release the vehicles, as they did not get clearance permit from the commerce ministry. 

3y ago