January 4, 2022
Only 37pc taxpayers file returns
Only 37 per cent of 62.77 lakh registered taxpayers filed income tax returns until January 2, the last day for filing income and wealth statements by individuals, according to the National Board of...
December 20, 2021
NBR eases bonded warehouse rules to boost exports
With many export-oriented firms facing losses for cancellation of export orders by buyers or other factors and sit with stock of raw materials, the National Board of Revenue (NBR) has relaxed rules...
December 17, 2021
Wheat flour prices rising on higher import costs
Flour prices in Bangladesh have continued to rise, driven by increasing prices of wheat in the global market and falling imports, said industry operators yesterday.
December 16, 2021
Success of business means making positive impact on society
A lot has changed in recent years amid growing consciousness among consumers and understanding among businesses that profit maximisation can’t be the only objective of any business.
November 19, 2021
File returns timely, avoid penalty
Bangladesh has roughly 60 lakh registered taxpayers. And if you are registered with a taxpayer identification number (TIN), it is high time for you to prepare and file your returns of incomes, no...
November 15, 2021
Singer faces Tk 94cr VAT evasion charge
A field office of the National Board of Revenue has brought a VAT evasion allegation against Singer Bangladesh Ltd and claimed nearly Tk 94 crore as indirect tax from the electronics and home...
November 5, 2021
Impact of Fuel Price Hike: Living now even harsher for poor
No one knows how the poor man dines, says a Russian proverb that now seems all too fitting in light of the government’s decision to hike the prices of diesel, kerosene and liquefied petroleum gas.
October 28, 2021
Interest on savings tools: Tax receipts treble in 3 years
The surge in sales of state-backed savings instruments has become a major source of income for the revenue collector in recent years as it charges up to 10 per cent tax on the profits made mainly...
October 24, 2021
‘Horizon is bigger than we imagined’
Akij Jute Mills Ltd has poured the whole $20 million, which the Bangladesh Bank in November 2017 granted, from its export retention quota into its subsidiary Akij Resources SDN BHD in Malaysia.
October 24, 2021
Govt drafts guidelines on investing abroad
The government has framed draft rules to allow local firms to set up subsidiaries or buy shares in companies in other countries with a view to facilitating investment abroad.