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.
Neymar trial on the cards
Neymar could follow FC Barcelona fellow star Lionel Messi to court after Spanish prosecutors asked for the Brazilian striker to be tried over his murky multi-million-euro transfer to the Catalan giants.
'I knew nothing'
Argentina football star Lionel Messi says he trusted his father with his finances and "knew nothing" about how his wealth was managed as he took the stand at his tax fraud trial.
Proposal to reduce withholding tax rates for real estate sector
With a plan to relieve big cities including Dhaka of the pressure of excessive population, Finance Minister AMA Muhith proposes to reduce withholding tax rates for real estate sector in the 2016-17 fiscal year budget.
Lionel Messi tax fraud trial opens in Spain
The trial of Argentina and Barcelona footballer Lionel Messi on tax fraud charges is due to start in Spain.
Opinion: Inspiring case of surrendering duty free car
In the last two months, two news stories on tax dodging of luxury cars came out in The Daily Star. One story talked about the cunning act of a tax dodger, and the other talks about an “unusual” person who has surrendered his Lexus car because he could not pay the tax that piled up over the years.
'Panama Papers' law firm says 'hacked by servers abroad'
One of the founders of Mossack Fonseca, the law firm at the center of the explosive "Panama Papers" revelations on off-shore holdings, told AFP on Tuesday his company was hacked by servers abroad.
Newspaper owners must pay staff’s income tax: SC
The Supreme Court upholds a wage board provision that instructs the owners of newspapers and news agencies to pay the income tax of their employees.
Five things that are wrong with the world's best country
Is life in the world's nicest country all it's made out to be? Most of those surveyed, mainly Norwegians, said yes. But, for balance, here are some aspects of Norwegian life that don't tick everyone's boxes.
'Neymar could be forced to leave Barcelona'
Neymar could be forced to leave Barcelona due to his ongoing tax fraud case, according to the Brazilian's father.
Japan relapses into recession in July-Sept, blow to Abenomics
Japan's economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment.