NBR
Tips for submitting tax returns
Paying taxes is considered a civic duty and doing so, is a stringent requirement of the law of every country as well. In Bangladesh, the National Board of Revenue or NBR is the governing body that oversees the collection of taxes and revenues. Every year, 30 November is commemorated as National Income Tax Day and it also marks the last date by which you have to report your earnings to the NBR by submitting your tax return memos to them.
NBR to install 3 lakh EFDs in next 3 years
The National Board of Revenue (NBR) is going to install three lakh Electronic Fiscal Devices (EFDs) at retail and wholesale stores through third party in order to collect Value-Added Tax (VAT) from stores.
Tips for submitting tax returns
Paying taxes is considered a civic duty and doing so, is a stringent requirement of the law of every country as well. In Bangladesh, the National Board of Revenue or NBR is the governing body that oversees the collection of taxes and revenues. Every year, 30 November is commemorated as National Income Tax Day and it also marks the last date by which you have to report your earnings to the NBR by submitting your tax return memos to them.
Tax rates for all exporters likely to be uniform
Exporters of all sectors will likely get corporate tax rates equal to that of garment exporters from the next fiscal year, said officials of the finance ministry, which plans to encourage the diversification of Bangladesh’s export basket by affording this benefit.
Tax measures: Tailored for ‘Made in Bangladesh’
There is bad news for consumers of imported luxury items: they will get dearer thanks to the tax measures the National Board of Revenue is preparing for the new fiscal year that begins on July 1.
NBR imposes up to 20% regulatory duty: Import of 135 items to cost more
National Board of Revenue today slapped up to 20 percent regulatory duty on around 135 products as part of the government's broader objectives to discourage imports and contain volatility in the foreign exchange market.
Hopeless revenue target: No major tax hike planned
Wishy-washy -- is what best describes the government’s stance on scaling up its narrow revenue base, which is posing to become the Achilles’ heel to Bangladesh’s growth aspirations.
Firms can file delayed VAT returns for March and April by June 9 without penalty: NBR
Businesses that have failed to file value-added tax (VAT) returns of March and April 2020 because of the countrywide shutdown will be able to file the returns within June 9 without incurring any penalty, says the National Board of Revenue (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.
‘Stock investors to enjoy existing tax benefit in next FY’
The stock market investors will continue to enjoy the existing tax benefit in the upcoming 2019-20 fiscal year, says National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan.
Govt honours 141 top taxpayers
The government yesterday honoured top 141 taxpayers, including individuals and companies, for their contribution to the development of Bangladesh's economy.