This move seems to be a punishment for non-profit educational ventures that aim to enhance our higher education landscape.
The government has provided tax benefits to three sectors, namely leather, asset management, and research, to boost competitiveness and foreign currency earnings.
NBR sits with Rajshahi businesses in a pre-budget discussion
The National Board of Revenue (NBR) will soon conduct a special drive against home owners who did not submit tax returns despite residing in municipal areas, said NBR Chairman Abu Hena Rahmatul Muneem yesterday.
NBR has reduced customs tariff on rice, sugar and dates and lifted value added tax on edible oil to boost supply and contain prices of the essentials during the month of Ramadan
NBR may consider waiving the duty on imported products as recommended by the commerce ministry ahead of the month of Ramadan
The Large Taxpayers Unit (LTU) of the National Board of Revenue (NBR) honoured 54 companies for paying the highest amount of taxes in fiscal year 2022-23, at its headquarters in the capitals Agargaon today
NBR has extended tax exemptions on interest income of foreign lenders who have lent to local firms until December 31, 2024
His contractual appointment has been extended by two years
The collection of nearly Tk 19,000 crore in direct taxes has been stuck at higher courts owing to cases filed by large corporates, some individuals and taxmen, according to the Large Taxpayers Unit (LTU) of the income tax department
The NBR has published the names of 141 individuals and companies as the top taxpayers for the 2022-23 tax year. A gazette has also been published to this effect.
Five made it to the list for consecutive second year
(FBCCI) has urged the revenue authority to extend the deadline for income tax return submission for individual taxpayers until December 31
They also chanted slogans, demanding resignation of the NBR chairman.
The foreign investors' concerns came as the National Board of Revenue wants to slap a 5 per cent tax on gross receipts or turnover of carbonated beverage makers from the next fiscal year from 0.6 per cent now.
Tax collection by the National Board of Revenue (NBR) shot up in May, powered by buoyancy in value added tax (VAT) collection from domestic economic activities and increased income tax receipts, according to a provisional estimate.
The National Board of Revenue (NBR) is expected to place a new income tax bill in parliament today in an effort to modernise the direct tax system.
The NBR shared the information a clarification to Bangladesh Bank
The National Board of Revenue today said it will accept tax returns from individual taxpayers on the first day of January 2023.