NBR
FBCCI, NBR ‘narrow gap’ over VAT
The NBR and FBCCI yesterday said they had set aside their differences and had agreed to move forward with the government’s plan to implement the new VAT law from July 1.
Explain legality of broadcasting ads on foreign TV channels: HC
The High Court issues a rule asking the government to explain in four weeks why it should not be directed to take necessary steps to stop advertisements on foreign television channels running in...
Imported rice brought in after duty cut
The price of rice at importer level came down by Tk 2.50 per kg as the latest duty cut became effective yesterday following issuance of a circular by the National Board of Revenue (NBR).
Being VAT Smart
Since the announcement of the new budget, one of the main concerns of consumers countrywide has been the imposition of a flat 15 percent value added tax (VAT) rate on most goods and services.
NBR official held in Chittagong over graft case
The Anti-Corruption Commission arrests an official of the National Board of Revenue (NBR) from Chittagong for amassing wealth illegally and concealing wealth statement.
Ambitious targets set deliberately
Finance Minister AMA Muhith yesterday said he deliberately set an ambitious revenue generation target in the upcoming budget, hoping for more tax collection by the National Board of Revenue. ...
VAT to push up cost of living
The government has backtracked from its decision to roll out the new VAT law from July due to resistance from businesses and a section of revenue officials and inadequate preparation from the...
Owners shut shops to press for package VAT
Shop owners shut their enterprises for an hour in parts of the country including capital Dhaka pressing for keeping the provision of package VAT.
A new tax law in the works
The National Board of Revenue has drafted a new income tax law that seeks to keep corporate tax rates identical for all companies and
NBR unlikely to allow law enforcers to conduct drive
The National Board of Revenue is unlikely to give law enforcement agencies the authority to conduct drives against VAT dodgers, NBR officials told The Daily Star yesterday.
Low-cost loans, lands a must to boost investment: MCCI
The leaders of the Metropolitan Chamber of Commerce and Industry (MCCI) demanded a single-digit interest rate on bank loans, low-