A provision in the Income Tax Act 2023 created the discrimination
The government has provided tax benefits to three sectors, namely leather, asset management, and research, to boost competitiveness and foreign currency earnings.
Massive reforms are required in tax and VAT laws to mobilise domestic resources and achieve the government’s target to become a developed country by 2041, according to experts.
The Bangladesh Chamber of Industries (BCI) yesterday demanded a five-year tax holiday for cottage, micro and small and medium enterprises (CMSMEs) beginning from fiscal year 2024-25 in order to foster their growth.
The Bangladesh Insurance Association (BIA), a platform for insurance companies, has proposed withdrawal of the VAT applicable to policyholders in order to help the health insurance sector expand.
The govt targets achieving one crore direct taxpayers by 2026, he says
The National Board of Revenue (NBR) has cut the tax on the income generated by provident and other pension funds to 15 percent from 27.5 percent in the current fiscal year.
The port city’s income tax department handed over the best taxpayer awards
It is Monem's 10th consecutive top taxpayer award from the zone
Now, NBR is getting around Tk 50,000 a month from each shop using the device.
Once again, Transcom Group Chairman Shahnaz Rahman has been named one of the 76 highest taxpayers in the country
The government has cut the land transfer tax in certain areas of Dhaka and Chattogram districts in order to make it affordable, encourage the registration of property transfers and increase revenue collection.
The deadline is scheduled to end on Nov 30
(FBCCI) has urged the revenue authority to extend the deadline for income tax return submission for individual taxpayers until December 31
Automation of the tax collection system will reduce the taxpayers' hassles as well as increase revenue collection by the National Board of Revenue, said Md Sameer Sattar, president of the Dhaka Chamber of Commerce and Industry (DCCI).
The revenue collection will be very challenging if the political unrest is sustained in the coming months of this year, National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem said today.