The National Board of Revenue is set to revise down the value-added tax (VAT) and supplementary duty (SD) on a number of items including mobile phone usage, internet services, medicine, clothes and restaurants as public outcry became deafening.
These changes in the middle of the fiscal year are unexpected and unwanted as the economy faces significant challenges.
A notification was issued today to this effect
A government taskforce will investigate the country’s 10 major business groups’ alleged money laundering and other misdeeds.
The development came four days after the CIC blocked withdrawals and transfers from the accounts
On May 20, 2024, Chattogram Custom House Deputy Commissioner Mohammad Zakaria was in Kolkata, India, where he had gone for treatment a week earlier.
He speaks at a discussion organised by the Finance Division in collaboration with the World Bank
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.
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.
The National Board of Revenue is set to revise down the value-added tax (VAT) and supplementary duty (SD) on a number of items including mobile phone usage, internet services, medicine, clothes and restaurants as public outcry became deafening.
These changes in the middle of the fiscal year are unexpected and unwanted as the economy faces significant challenges.
A notification was issued today to this effect
A government taskforce will investigate the country’s 10 major business groups’ alleged money laundering and other misdeeds.
The development came four days after the CIC blocked withdrawals and transfers from the accounts
On May 20, 2024, Chattogram Custom House Deputy Commissioner Mohammad Zakaria was in Kolkata, India, where he had gone for treatment a week earlier.
He speaks at a discussion organised by the Finance Division in collaboration with the World Bank
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.
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.
The National Board of Revenue (NBR) yesterday granted a 10-year tax benefit for investments to establish renewable energy-based power facilities with the objective to facilitate generation of clean energy.
