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

16h 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. 

1w 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.

2w 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

3w 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

Indian multinational faces Tk 7.03cr fine

An Indian multinational company which took part in the construction of Dhaka’s first elevated metro rail is facing a penalty of Tk 7.03 crore for delaying the filing of income tax return for fiscal year 2019-20.

1y ago

IMF mission unimpressed with NBR’s collection plan  

The visiting mission from the International Monetary Fund was not fully convinced with the plans laid out by the National Board of Revenue on accelerating the tax collection to raise the tax-to GDP ratio by 0.5 percentage points in the current fiscal year. 

1y ago

Rules relaxed for Best Holdings’ IPO on three conditions

Best Holdings is the owning entity of Le Méridien Dhaka

1y ago

Bangladesh loses $361 million tax a year for corporate tax abuse

A report by the Tax Justice Network (TJN) reveals

1y ago

PM wants quick disposal of pending tax cases

The directive came from an Ecnec meeting today

1y ago

Rules on 'tax deducted at source' framed as per new tax law

The National Board of Revenue (NBR) has framed rules regarding tax deducted at source (TDS) in line with the new income tax law that came into effect last month.

1y ago

5.4 million didn’t submit tax return: finance minister

At least 5.4 million taxpayers of the country have not submitted their income tax returns within the stipulated time frame for the current fiscal year 2022-23, Finance Minister AHM Mustafa Kamal told parliament today

1y ago

Who needs to file statement on living expenses?

The proposed income tax law has sought to make it mandatory for taxpayers in specific cases to add the statement of their living expenses with their tax returns.

1y ago

Who needs to pay Tk 2,000 minimum income tax?

The income tax law explains the issue

1y ago

Tax return filing deadline extended for companies

Those who sought time extension will only get the opportunity

1y ago