E-payment made mandatory for taxes
The National Board of Revenue issues a notification on March 23
Cut duties, taxes on essentials to provide respite to consumers
The Centre for Policy Dialogue (CPD) today urged the government to reduce the duties and taxes, both at import and domestic levels, on essential commodities in order to provide some respite to consumers with low and limited income amid higher inflation.
How did 2022 go for Bangladesh?
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
Tax return filing fails to keep pace with growing economy
The number of registered taxpayers is gradually increasing in Bangladesh but return submission is low relative to the size and growth of the economy, which has expanded significantly in the past decade.
Tax return submission deadline extended till December 31
The National Board of Revenue today extended the deadline for income tax return submission till December 31.
Proposed tax cuts from 360-degree perspectives
Finance Minister A H M Mustafa Kamal FCA, MP placed his fourth national budget in parliament on June 9, proposing reducing the tax burden on businesses significantly. The proposed base income tax rate is 27.5 per cent, a reduction by 2.5 percentage points from the current 30 per cent.
E-payment made mandatory for taxes
The National Board of Revenue issues a notification on March 23
Cut duties, taxes on essentials to provide respite to consumers
The Centre for Policy Dialogue (CPD) today urged the government to reduce the duties and taxes, both at import and domestic levels, on essential commodities in order to provide some respite to consumers with low and limited income amid higher inflation.
Economic Association for all-out efforts to cut inequality
The Bangladesh Economic Association (BEA) today urged the budget planners to employ all possible ways to reduce the inequality related to wealth, income, health, and education.
BKMEA for continuation of current corporate tax rate for 5 more years
The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) today urged the government to cut the tax deducted at source and continue the existing corporate tax rate for another five years.
BGMEA seeks cuts in tax deducted at source
Apparel exporters today sought a host of tax benefits, including bringing down the tax deducted at source and withdrawing income tax levied on cash incentives in the upcoming fiscal year, in a bid to help the garment industry deal with the current economic stress.
Language of tax laws attacking to some extent: NBR chairman
The tax forms need to simplified too, says Abu Hena Md Rahmatul Muneem
Online tax returns rise 3 times
The tax administrator has seen a 239 per cent or three times year-on-year rise in the number of online tax return submissions in 2022-23.
How did 2022 go for Bangladesh?
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
Taxpayers can file return on Jan 1: NBR
The National Board of Revenue yesterday said it will accept tax returns from individual taxpayers on the first day of January 2023.
Top taxpayers honoured
The government yesterday honoured 76 individuals, including Transcom Group Chairman Shahnaz Rahman, The Daily Star Editor and Publisher Mahfuz Anam, and Prothom Alo Editor Matiur Rahman, who deposited some of the highest amounts of tax in fiscal year 2021-22.