The National Board of Revenue (NBR) is likely to introduce self-assessment for companies from 2024-25 to allow them to determine their own tax liabilities and cut reliance on taxmen.
The measures include keeping the tax-exempt income threshold unchanged at Tk 3.5 lakh, a move that is expected to increase revenue receipts and bring more people under the tax net.
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
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.
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.
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.
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).
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.
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.
The government yesterday honoured top 141 taxpayers, including individuals and companies, for their contribution to the development of Bangladesh's economy.
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 Axiata yesterday agreed to pay unpaid value-added tax and supplementary duty amounting to Tk 18.72 crore, bringing an end to
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.