Tax and Customs
C&F staff halt work at 4 container depots
Staffers of clearing and forwarding (C&F) agents stopped working at four leading inland container depots (ICDs) in the port city since the early hours today following a dispute with customs officials, which eventually led to a clash between C&F staff and staff of an ICD
How GP makes more money than Robi
The profit margin of Grameenphone Ltd was around seven times more than that of Robi Axiata Ltd in 2023.
Achieving $110b export target by FY27 is difficult
The government’s target of earning $110 billion from exports by the fiscal year of 2026-27 would be difficult to attain because of the persisting challenges in the global and local economies, economists and businesspeople said.
Online tax returns can bring $32b extra revenues annually: CPD
Bangladesh can raise an additional $32.6 billion in revenues annually within the next four years if the electronic filing of tax returns can be ensured, said the Centre for Policy Dialogue (CPD) yesterday.
Govt brings down ADP for a lack of fund
The government is currently faced with a lack of funds, evidenced by a reduction in allocations it provided from the exchequer for the upcoming Annual Development Programme (ADP), said Fahmida Khatun, executive director of the Centre for Policy Dialogue.
Cash subsidy for exports surges. Only garment yields expected results
The government’s cash incentive against export receipts has soared over the years although many sectors could not make their mark in the global market, bringing in limited results for the government’s diversification initiative.
Power producers may lose zero-duty benefit
Power generation companies, including rental ones, may see an end to a zero-duty benefit on their import of machinery, equipment and spare parts from next fiscal year as the government moves towards generating more revenue curtailing the practice of handing out tax exemptions.
Bangladesh expands offshore banking in hunt for forex
Offshore banking is increasingly becoming a key window for banks in Bangladesh to facilitate investments and international trade by attracting deposits in foreign currencies.
Bangladesh loses $361 million tax a year for corporate tax abuse
A report by the Tax Justice Network (TJN) reveals
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.
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
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.
Tax return filing deadline extended for companies
Those who sought time extension will only get the opportunity
CPD urges NBR to bring Facebook, Google, Netflix under tax
The Centre for Policy Dialogue (CPD) today urged the National Board of Revenue (NBR) to bring non-resident tech giants such as Facebook, Google, and Netflix under tax.
India to pay Tk 220 per tonne for transportation of goods via Mongla, Ctg
Additional charges will also be applicable, says NBR
Rokia Afzal Rahman was a visionary business leader: MCCI chief
The foresightedness of Rokia Afzal Rahman was unparallel
