National Board of Revenue (NBR)
Tax receipts rise 15% in July-March, close to IMF target
Bolstered by rising value-added tax (VAT) collection and increased income tax receipts, the tax administrator logged Tk 259,866 crore in total revenue in the July-March period of the current fiscal year, according to the NBR’s provisional estimates.
NBR issues 'electric seal and lock rules' for fourth time
Earlier, there was a provision for the service providers to be appointed by a committee appointed by the board, said Rahman. Now the company which can provide this service at a low cost will be given the job, he explained.
Firms becoming more transparent in financial statements
The use of the document verification system (DVS) has increased in Bangladesh in the last couple of years, plugging the scope for unruly firms to submit forged audit reports. The number of audit reports signed by accountants by securing codes from the DVS rose by nearly 2 percent year-on-year to 38,316 in 2021-22 compared to a year prior, data from the Institute of Chartered Accountants of Bangladesh (ICAB) showed.
IMF team to help NBR assess tax expenditures
A tax policy mission of the International Monetary Fund (IMF) yesterday began to work with the National Board of Revenue (NBR) to train taxmen to assess tax expenditures so that the government can eliminate less effective tax exemptions, broaden the tax base and increase revenue collection.
There is no alternative to tightening financial regulation
BFIU must be empowered to do more to prevent money laundering
Extend tax return filing deadline for companies: FBCCI
It wants the deadline to be extended until April 30
Mahfuz Ahmed, Babita, and Siam Ahmed lead as taxpayers
This time around, Mahfuz Ahmed, Farida Akhtar Babita, and Siam Ahmed (in this order) topped the list of highest taxpayers for the tax year of 2022-23, under the actors' category, as per the National Board of Revenue (NBR).
National Budget FY2023-24 / Cause for frustration for common people
There is not much in it to make us feel better in terms of its focus and measures.
'NBR to be requested for sugar import duty waiver extension'
Senior Commerce Secretary Tapan Kanti Ghosh says
E-payment made mandatory for taxes
The National Board of Revenue issues a notification on March 23
Managing the politics of budget-making
The main focus of the FY24 budget must be on economic stabilisation.
Why delay probing money launderers?
Investigators sitting on information about Dubai real estate purchase despite HC order
Language of tax laws attacking to some extent: NBR chairman
The tax forms need to simplified too, says Abu Hena Md Rahmatul Muneem
Govt honours top taxpayers
The government today honoured 76 individual highest taxpayers, including Transcom Group Chairman Shahnaz Rahman, The Daily Star Editor and Publisher Mahfuz Anam, and Prothom Alo Editor Matiur Rahman, for depositing the highest amount of taxes to the state coffer in 2021-22 fiscal year.
Taxpayers can file return on Jan 1: NBR
The National Board of Revenue today said it will accept tax returns from individual taxpayers on the first day of January 2023.
Why do NBR servers keep getting breached?
After the latest breach, it should be seen as a potential national security issue
NBR Server Breach: Safeguards not working
At least three import consignments were released without inspection from the Chattogram Port using the login credentials of a top customs official in June-July despite the recent measures taken to thwart such cons that cost the state coffer in unpaid duties and taxes.
NBR’s tax service month starts Nov 1
The National Board of Revenue (NBR) is going to celebrate tax service month this November to facilitate taxpayers return submissions.
Revenue collection jumps 21pc in Jul-Aug
Revenue collection by the National Board of Revenue (NBR) witnessed robust growth of 21 per cent in the July-August period of the current fiscal year thanks to the devaluation of taka, high inflationary pressure and expansion of the economy.
