NBR | The Daily Star

  • 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).

  • Bangladesh Finance Minister AHM Mustafa Kamal

    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.

  • 3-wheelers to be taxed

    3-wheelers to be taxed: NBR in pre-budget talks

    CNG-driven auto-rickshaws and other engine or battery-driven three-wheelers will be brought under the tax scheme in the upcoming budget, National Board of Revenue (NBR) says.

  • Robi Logo

    Robi concedes defeat, will pay Tk 18.72cr VAT to NBR

    Robi Axiata yesterday agreed to pay unpaid value-added tax and supplementary duty amounting to Tk 18.72 crore, bringing an end to

  • Bangladesh High Court

    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 Bangladesh.

  • 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. “I have said in the budget speech that it is deliberately ambitious,” he told reporters at a post-budget briefing in the capital's Osmani Memorial Auditorium.

  • 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 National Board of Revenue.

  • A shop at Bijoy Nagar in Dhaka

    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-

  • 7.5% VAT on English medium school tuition remains

    The Supreme Court stays a High Court order that halted the 7.5 percent value added tax (VAT) on the English medium schools’ tuition fees.

  • Container carrying Indian currency seized at Ctg port

    Customs Intelligence and Investigation Directorate officials seize a container carrying Indian currency at Chittagong port.

  • NBR official suspended for aiding tax evasion

    The government suspends an assistant commissioner of taxes (ACT) for allegedly helping taxpayers evade tax through forgery.

  • Supplementary duty reduced on mobile usage

    National Board of Revenue has issued a Statutory Regulatory Order (SRO) reducing 2 percent supplementary duty on mobile usage.

  • export-tax

    Exporters to pay 0.6pc tax at source

    Exporters including apparel manufacturers will have to pay 0.6 percent tax at source on their income from exports from the upcoming fiscal year, as the government reduced the rate from the proposed 1 percent.

  • Predictable yet unachievable

    Writing on budget has become a challenge for me not only because so much has already been discussed, but there is barely anything original in the budget.

  • NBR moves to curb use of fake TINs

    The revenue administration has tightened rules to prevent the use of fake taxpayer identification numbers by dishonest people for various purposes, including land and vehicle registration, at public and private agencies.

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