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

164 businesses get CIP cards

The government yesterday honoured 131 exporters with CIP (commercially important person) cards for their extraordinary performance in 2014.

7y ago

Tax fair ends on a high note

Thousands of taxpayers thronged to submit returns and collect the newly introduced 'Income Tax ID Card' from the weeklong tax fair

7y ago

Weeklong tax fair begins today

The annual tax fair begins today to enable individual taxpayers to congregate and file returns and complete tax procedures all in one spot.

7y ago

Separate tax fair for women in Ctg: NBR

The National Board of Revenue plans to organise separate fair for female taxpayers in Chittagong this year, NBR Chairman Md Nojibur

7y ago

Countries need more than money to cope with shocks: Report

Sweden, the Netherlands and Germany are among the best placed wealthy countries to cope with shocks like large-scale migration due to their strong safety nets, education programmes and economic opportunities, says a global report by KPMG.

7y ago

Reduce VAT to tolerable level: BNP

BNP urges the government to reduce Value Added Tax (VAT) to a tolerable level in the proposed budget for 2017-18 fiscal year. The 15% VAT proposed in the budget is the highest among South and South-East Asian countries, BNP Secretary General Mirza Fakhrul Islam Alamgir.

7y ago

High taxes dent telecom sector's growth: operators

Mobile operators yesterday blamed high taxes on handsets and duties on mobile services for less-than-expected growth of 3G and other telecom services in Bangladesh.

7y ago

New VAT law would also boost income tax collection

Implementation of the new VAT law would not only help the government to earn more from sales receipts but also from income taxes,

7y ago

Talks on VAT: Muhith, businessmen exchange heated words

A forum of businessmen exchanges heated words with Finance Minister AMA Muhith centering FBCCI’s proposal on VAT. The argument took place at a meeting jointly organised by National Board of Revenue (NBR) and FBCCI.

7y ago

Govt working to cut internet price: Tarana

Bangladesh government is working to reduce internet price at the consumer-level, State Minister for Post and Telecommunications Tarana Halim says.

7y ago