NBR faces Tk 141,000 crore June target; analysts cite target impossible
The government is going to expand import duty exemptions on pharmaceutical raw materials and medical equipment, with 79 new items expected to be added to the duty-free list in the upcoming national budget.
Later in the day, representatives of the protesting officials planned to submit a memorandum to the chief adviser at the state guesthouse Jamuna
The crisis at the National Board of Revenue is deepening as disgruntled employees have launched a fresh five-day protest, demanding the chairman’s removal and the repeal of a new ordinance that splits the tax authority. The protest threatens to disrupt tax collection, delay trade and further strain the country’s revenue targets.
Officials and employees of the National Board of Revenue (NBR) across Bangladesh observed a three-hour pen-down strike yesterday, protesting the government's recent ordinance to dissolve and restructure the country's revenue administration.
His remarks came a day after the interim government issued an ordinance abolishing the NBR and creating two separate divisions under the finance ministry
An ordinance published last night disbands NBR and creates two new divisions
The interim government of Bangladesh is drafting a tax exemption policy, prohibiting both the government and the National Board of Revenue (NBR) from allowing tax exemptions.
The National Board of Revenue (NBR) has set a target to raise Bangladesh’s tax-to-GDP ratio to 10.5 percent by the fiscal year 2034-35, as part of its newly formulated 10-year revenue strategy, according to official documents.
NBR faces Tk 141,000 crore June target; analysts cite target impossible
The government is going to expand import duty exemptions on pharmaceutical raw materials and medical equipment, with 79 new items expected to be added to the duty-free list in the upcoming national budget.
Later in the day, representatives of the protesting officials planned to submit a memorandum to the chief adviser at the state guesthouse Jamuna
The crisis at the National Board of Revenue is deepening as disgruntled employees have launched a fresh five-day protest, demanding the chairman’s removal and the repeal of a new ordinance that splits the tax authority. The protest threatens to disrupt tax collection, delay trade and further strain the country’s revenue targets.
Officials and employees of the National Board of Revenue (NBR) across Bangladesh observed a three-hour pen-down strike yesterday, protesting the government's recent ordinance to dissolve and restructure the country's revenue administration.
His remarks came a day after the interim government issued an ordinance abolishing the NBR and creating two separate divisions under the finance ministry
An ordinance published last night disbands NBR and creates two new divisions
The interim government of Bangladesh is drafting a tax exemption policy, prohibiting both the government and the National Board of Revenue (NBR) from allowing tax exemptions.
The National Board of Revenue (NBR) has set a target to raise Bangladesh’s tax-to-GDP ratio to 10.5 percent by the fiscal year 2034-35, as part of its newly formulated 10-year revenue strategy, according to official documents.
Touted as a historic overhaul, the move has ignited debate over whether it will drive meaningful reform or merely deepen the layers of bureaucracy, given the NBR's persistent failure to meet its targets.
