tax

Accelerate use of EFDs, ramp up monitoring

The National Board of Revenue should accelerate the use of electronic fiscal devices (EFDs) and ramp up monitoring to eliminate non-compliance with a view to raising more value-added taxes using technologies, said former top taxmen and economists.

June 2, 2022
June 2, 2022

Budget 2022-23: More tax for the rich

Bank accounts with upwards of Tk 1 crore in balance are set to face a higher excise duty next fiscal year as the government looks to collect more taxes from the relatively well-off to get close to the lofty revenue collection target.

May 31, 2022
May 31, 2022

Accelerate use of EFDs, ramp up monitoring

The National Board of Revenue should accelerate the use of electronic fiscal devices (EFDs) and ramp up monitoring to eliminate non-compliance with a view to raising more value-added taxes using technologies, said former top taxmen and economists.

May 30, 2022
May 30, 2022

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.

May 22, 2022
May 22, 2022

Firms prefer to remain non-listed despite tax benefit

Although the corporate tax levied on listed firms is lower than that of their non-listed counterparts, many companies in Bangladesh lack interest in joining the stock market as they want to avoid the obligation of ensuring good corporate governance, regularly disclosing financial information and complying with other rules.

January 21, 2019
January 21, 2019

FM's call to generate revenue

One can justifiably expect a lot from our newly inducted finance minister, for he is a chartered accountant by training, a seasoned politician with the experience of holding important public offices

July 7, 2018
July 7, 2018

Why tax solar panels?

It is befuddling why the National Board of Revenue (NBR) has decided to slap value added taxes that would amount to a 27 percent levy, on the import of solar panels. This is at a time when Bangladesh is set to explore and develop its solar power possibilities through numerous projects. These include solar home systems, solar irrigation and solar power plants in various parts of the country.

August 11, 2017
August 11, 2017

NBR seeks Khaleda's bank info

The National Board of Revenue has asked the banks to turn in information on all accounts of BNP Chairperson Khaleda Zia, according

June 25, 2017
June 25, 2017

Proposed VAT, Tax Measures: Major changes likely

Unlike previous budgets, which were passed by parliaments with minor changes, this year's proposed budget could have major

June 23, 2017
June 23, 2017

Ministers stand by Muhith

Ministers and senior MPs from the ruling alliance yesterday in parliament spoke in defence of Finance Minister AMA Muhith and

June 21, 2017
June 21, 2017

New Vat Plan: Govt may back off for now

The government may backtrack on its plan to implement the new VAT law from July this year, in the face of pressure from a section of