tax
Stocks jump as NBR cuts capital gains tax
Stocks soared yesterday as investors cheered the substantial cut in capital gains tax by the National Board of Revenue (NBR) to encourage big local and foreign investors.
NBR reduces tax rate to 15% on capital gains above Tk 50 lakh
Prior to the rate cut, taxpayers had to pay 30 percent tax on the capital gains over Tk 50 lakh if the gains are realised in five years at any time of a year.
What does the new budget imply for menstrual health?
Dirty toilets, too much crowd, inadequate space, lack of privacy, and lack of water and soap in the toilets were cited as the top reasons for menstruating girls missing schools.
Gifts not sweet anymore as NBR mulls taxes
If someone receives a gift, they will have to show it in their income tax return at the end of the year. At the same time, the person who gives the present will also have to inform it in their income tax return.
A wrong signal is being sent by offering tax amnesty
Bank defaulters or tax evaders receive a number of amnesty and benefits for whitening black money.
Tax burden to get heavier, life even harder
The tax measures unveiled yesterday for 2024-25 are not going to provide any relief to taxpayers.
Corporate tax cut to 25%
But companies must go cashless
Minimum tax unchanged
Tk 5,000 for those under Dhaka, Chattogram city corporations
NBR plans self-assessment of tax liabilities for all firms
The National Board of Revenue (NBR) is likely to introduce self-assessment for companies from 2024-25 to allow them to determine their own tax liabilities and cut reliance on taxmen.
Accelerate use of EFDs, ramp up monitoring
The National Board of Revenue should accelerate the use of electronic fiscal devices (EFDs) and ramp up monitoring to eliminate non-compliance with a view to raising more value-added taxes using technologies, said former top taxmen and economists.
Tax measures: Tailored for ‘Made in Bangladesh’
There is bad news for consumers of imported luxury items: they will get dearer thanks to the tax measures the National Board of Revenue is preparing for the new fiscal year that begins on July 1.
Firms prefer to remain non-listed despite tax benefit
Although the corporate tax levied on listed firms is lower than that of their non-listed counterparts, many companies in Bangladesh lack interest in joining the stock market as they want to avoid the obligation of ensuring good corporate governance, regularly disclosing financial information and complying with other rules.
FM's call to generate revenue
One can justifiably expect a lot from our newly inducted finance minister, for he is a chartered accountant by training, a seasoned politician with the experience of holding important public offices
Why tax solar panels?
It is befuddling why the National Board of Revenue (NBR) has decided to slap value added taxes that would amount to a 27 percent levy, on the import of solar panels. This is at a time when Bangladesh is set to explore and develop its solar power possibilities through numerous projects. These include solar home systems, solar irrigation and solar power plants in various parts of the country.
NBR seeks Khaleda's bank info
The National Board of Revenue has asked the banks to turn in information on all accounts of BNP Chairperson Khaleda Zia, according
Proposed VAT, Tax Measures: Major changes likely
Unlike previous budgets, which were passed by parliaments with minor changes, this year's proposed budget could have major
Ministers stand by Muhith
Ministers and senior MPs from the ruling alliance yesterday in parliament spoke in defence of Finance Minister AMA Muhith and
New Vat Plan: Govt may back off for now
The government may backtrack on its plan to implement the new VAT law from July this year, in the face of pressure from a section of
Neymar to stand trial
Neymar, Barcelona and Santos will stand trial on fraud and corruption charges over the transfer of the Brazilian forward after their appeals were turned down by Spain's High Court on Monday.