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.

January 11, 2017
January 11, 2017

Cricket: Arrest warrants issued for Wasim Akram for not appearing before court

A local court in Karachi on Tuesday issued arrest warrants against former star cricketer Wasim Akram, after he failed to appear before the court during last 31 hearings of a case, it has been learnt.

December 12, 2016
December 12, 2016

C'Ron declared 20m euros in Swiss banks

Cristiano Ronaldo declared income of over 225 million euros in 2015, including 20 million euros held in 22 Swiss bank accounts, a Spanish newspaper reported Sunday as the Real Madrid star battles accusations of tax evasion.

December 9, 2016
December 9, 2016

Football: Ronaldo publishes details of 225m-euro income

Cristiano Ronaldo published his financial records on Thursday which showed the Real Madrid star declared income of more than 225 million euros in 2015 as he battled accusations of tax evasion.

November 29, 2016
November 29, 2016

Football: Corruption case a complication for Neymar, says Brazil coach

A Spanish corruption case surrounding Neymar's transfer from Santos to Barcelona in 2013 is certain to influence the Brazil forward's form, national team coach Tite said on Monday.

November 25, 2016
November 25, 2016

Eto'o faces massive tax fraud charges

Spanish prosecutors have recommended that Cameroonian football great Samuel Eto'o be handed a 10-year jail sentence and

November 8, 2016
November 8, 2016

Football: Neymar nears trial over transfer corruption case

The prospect of Barcelona superstar Neymar standing trial moved closer Monday as a Madrid judge accepted an appeal by prosecutors for corruption charges to be brought against the Brazilian, a court filing said.

August 29, 2016
August 29, 2016

Passenger exit tax introduced at Doha airport

Qatar's international airport is to charge passengers an exit tax as the energy-reliant emirate adjusts to falling oil prices.

July 11, 2016
July 11, 2016

Barca ask fans to stand by Messi

Barcelona have launched a campaign in support of Lionel Messi and his father Jorge after the Argentine pair were sentenced to prison terms this week over tax fraud.

July 9, 2016
July 9, 2016

Barcelona vow to back Lionel Messi after 'personal attack'

Barcelona vow to support Lionel Messi following his decision to appeal against the 21-month jail sentence handed down to him by a Spanish court after being found guilty of fiscal fraud and believe the verdict is "an attack on his person".

June 15, 2016
June 15, 2016

Barca agree to settle tax fraud

Barcelona agree to pay a fine of 5.5 million euros to the Spanish authorities to settle a tax fraud case over the transfer of Brazil international Neymar in 2013.