Seven out of 19 customs agencies have been integrated
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 National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.
Egg, sugar prices became cheaper to some extent, not other commodities, he says
Over 5 lakh submitted e-returns since July 1 to November 24
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
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.
The NBR relaunched the e-filing portal on Sep 9
The tax authority has drafted a new income tax law that seeks to automatically provide refunds of excess tax paid by citizens to their bank accounts, said the National Board of Revenue (NBR) yesterday.
The tax authority has drafted a new income tax law that seeks to refund additional tax automatically to bank accounts of taxpayers.
The tax authority has reduced corporate tax to 10 per cent for makers of freezer, refrigerator, motorcycle and compressor and air conditioner until June, 2032 with the aim to give further stimuli to the growing home electronics and automobile sector.
The field offices of tax are going to organise a month-long show at their respective offices in order to enable taxpayers to submit their income tax returns as the national board of revenue will not hold tax fair for the second consecutive year.
Individual taxpayers will have to submit their income tax returns at tax offices this year too as the annual tax fair will not be held this time to avoid mass gatherings amid the Covid-19 pandemic.
The National Board of Revenue (NBR) is observing developments regarding a recent global move setting the minimum tax rate for big companies at 15 per cent to curb scopes for them to transfer profits to low tax jurisdictions.
The National Board of Revenue (NBR) yesterday said it developed an automated system to reduce hassles faced by authorities dealing with tax deducted at source (TDS) in complying with rules and bring about transparency and accountability in collections.
The National Board of Revenue (NBR) today launched an automated system to enable public and private agencies deduct and deposit tax at source without taking trouble of doing the job manually.
Five global tech firms paid Tk 4.6 crore as value added tax (VAT) in August with social media giant facebook depositing the highest amount, which reflects the growing desire of businesses to advert about their product and services in the digital sphere.
Bashundhara Steel Complex Ltd, a concern of Buildtrade Group, has been sued for reportedly evading Tk 8.48 crore of value-added tax (VAT).
