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

15pc VAT on all port services to hurt businesses, consumers

Businesses are expected to face an increase in export and import costs as 15 percent value added tax (VAT) will be

7y ago

New NBR chief against harsh steps in tax collection

The revenue authority will take a soft approach to collecting taxes, focusing on expediting trade, investment and economic

7y ago

Single VAT rate foolish: Muhith

Finance Minister AMA Muhith yesterday termed “foolish” the single VAT rate prescribed by International Monetary Fund, rowing back

7y ago

NBR honours top taxpayers of tax zone 5

The National Board of Revenue yesterday honoured the top taxpayers for 2016-17 of tax zone 5.

7y ago

Manual VAT numbers to remain valid for two more months

Firms may be able to use their manually issued 11-digit VAT registration numbers for a further two months as the

7y ago

Chilahati land port yet to be functional

The Chilahati land port in Nilphamari's Domar upazila is still to become operational six years after its inauguration

7y ago

Ireland forced to collect Apple's disputed $15b tax bill

Ireland has struck a deal with Apple to collect up to 13 billion euros ($15 billion) in back taxes and hold it in an escrow account pending an appeal before the Court of Justice of the European Union.

7y ago

Ctg customs starts disposing of goods of 88 containers

Chittagong Customs House yesterday started disposing of nearly 2,000 tonnes of perishable goods stuffed in 88 containers as the

7y ago

Banks remain open till 8pm today, tomorrow

Banks will remain open today and tomorrow until 8:00pm to help people pay taxes and submit income tax returns within the given deadline.

7y ago

NBR to waive duty on electronic cash registers

The National Board of Revenue is set to waive the import duty and taxes on electronic cash registers (ECRs) in a bid to encourage

7y ago