DCCI president emphasises the need for automated taxation to increase revenue collection
To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.
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
Unlike public sector retirees, private sector employees do not get pensions
Companies and organisations will be required to file tax returns on the income generated by employee welfare funds from the current fiscal year and pay a 27.5 percent tax on the earnings.
Bangladesh is losing $361 million worth of tax annually owing to the shifting of profits by multinational companies, especially into tax havens abroad, according to a report by the Tax Justice Network (TJN).
Although tax returns are a key document for investigating illegal wealth, the Income Tax Bill 2023 proposes making it impossible for Anti-Corruption Commission officials to access a suspect’s tax files without a court order.
Outward remittances from Bangladesh through legal channels crossed the $100-million mark for the first time in 2021 as more foreigners are working in the fast-growing economy, data from a global organisation showed.
The National Board of Revenue today extended the deadline for income tax return submission till December 31.
A local court in Karachi on Tuesday issued arrest warrants against former star cricketer Wasim Akram, after he failed to appear before the court during last 31 hearings of a case, it has been learnt.
Cristiano Ronaldo declared income of over 225 million euros in 2015, including 20 million euros held in 22 Swiss bank accounts, a Spanish newspaper reported Sunday as the Real Madrid star battles accusations of tax evasion.
Cristiano Ronaldo published his financial records on Thursday which showed the Real Madrid star declared income of more than 225 million euros in 2015 as he battled accusations of tax evasion.
A Spanish corruption case surrounding Neymar's transfer from Santos to Barcelona in 2013 is certain to influence the Brazil forward's form, national team coach Tite said on Monday.
Spanish prosecutors have recommended that Cameroonian football great Samuel Eto'o be handed a 10-year jail sentence and
The prospect of Barcelona superstar Neymar standing trial moved closer Monday as a Madrid judge accepted an appeal by prosecutors for corruption charges to be brought against the Brazilian, a court filing said.
Qatar's international airport is to charge passengers an exit tax as the energy-reliant emirate adjusts to falling oil prices.
Barcelona have launched a campaign in support of Lionel Messi and his father Jorge after the Argentine pair were sentenced to prison terms this week over tax fraud.
Barcelona vow to support Lionel Messi following his decision to appeal against the 21-month jail sentence handed down to him by a Spanish court after being found guilty of fiscal fraud and believe the verdict is "an attack on his person".
Barcelona agree to pay a fine of 5.5 million euros to the Spanish authorities to settle a tax fraud case over the transfer of Brazil international Neymar in 2013.