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

Chattogram customs sizes 200 grams of rhodium

Chattogram customs office has seized a consignment of 200 grams of rhodium, a rare metal that is used as catalysts in the chemical industry, for declaring less than the current market price.

3y ago

VAT collection highly dependent on cigarettes

Bangladesh continues to remain highly dependent on cigarette and tobacco products for its value-added tax (VAT) collection as the health hazards account for nearly one-third of the indirect tax generated by the domestic market.

3y ago

Fu Wang Bar faces Tk 41cr VAT evasion charge

Fu Wang Bar has been sued by the VAT Audit, Intelligence and Investigation Directorate (VAIID) for allegedly evading Tk 41.08 crore in value-added tax.

3y ago

No decision yet on annual tax fair

The National Board of Revenue (NBR) has not yet taken any decision regarding holding the annual income tax fair this time around amidst the Covid-19 pandemic, said Chairman Abu Hena Md Rahmatul Muneem yesterday.

3y ago

Nasir Glass ‘evades’ Tk 14.66 crore VAT

The VAT intelligence has claimed that Nasir Glass Industries Limited has evaded Tk 14.66 crore in value-added tax (VAT).

3y ago

Alesha Mart pays Tk 52 lakh VAT after evasion allegation

Alesha Mart has paid Value Added Tax (VAT) of Tk 52 lakh after the intelligence found evidence of VAT evasion against the e-commerce platform.

3y ago

E-orange sued for evading VAT

The VAT intelligence has filed a case against online shopping platform E-orange on the allegation of evasion of value-added tax (VAT).

3y ago

Popular Group units pay VAT after evasion probe

Two entities of Popular Group have made a payment of Tk 6.36 crore against allegations of value added tax (VAT) evasion brought by a state intelligence wing probing claims of tax evasion by healthcare providers.

3y ago

Amazon pays Tk 53 lakh VAT to NBR

Global e-commerce company Amazon has paid Tk 53 lakh in Value Added Tax (VAT) directly to the revenue authority after it got registration for the indirect tax.

3y ago

Google pays Tk 2.3 crore VAT to NBR

Global tech giant Google has paid Tk 2.30 crore as value-added tax (VAT) directly to the National Board of Revenue.

3y ago