tax

Automated taxation system will increase revenue collection: DCCI

DCCI president emphasises the need for automated taxation to increase revenue collection

What lies ahead for Bangladesh’s economy?

To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.

Tax disputes of Tk 19,000cr pending at higher courts

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

Why are private employees' savings being taxed?

Unlike public sector retirees, private sector employees do not get pensions

Provident funds to pay 27.5% tax

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. 

CORPORATE TAX ABUSE / Bangladesh loses $361m tax a year: report

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).

Tax bill proposes clipping ACC wings

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.

Remittance outflow crosses $100m -- thru legal channel

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.

Tax return submission deadline extended till December 31

The National Board of Revenue today extended the deadline for income tax return submission till December 31.

January 11, 2017
January 11, 2017

Cricket: Arrest warrants issued for Wasim Akram for not appearing before court

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.

December 12, 2016
December 12, 2016

C'Ron declared 20m euros in Swiss banks

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.

December 9, 2016
December 9, 2016

Football: Ronaldo publishes details of 225m-euro income

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.

November 29, 2016
November 29, 2016

Football: Corruption case a complication for Neymar, says Brazil coach

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.

November 25, 2016
November 25, 2016

Eto'o faces massive tax fraud charges

Spanish prosecutors have recommended that Cameroonian football great Samuel Eto'o be handed a 10-year jail sentence and

November 8, 2016
November 8, 2016

Football: Neymar nears trial over transfer corruption case

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.

August 29, 2016
August 29, 2016

Passenger exit tax introduced at Doha airport

Qatar's international airport is to charge passengers an exit tax as the energy-reliant emirate adjusts to falling oil prices.

July 11, 2016
July 11, 2016

Barca ask fans to stand by Messi

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.

July 9, 2016
July 9, 2016

Barcelona vow to back Lionel Messi after 'personal attack'

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".

June 15, 2016
June 15, 2016

Barca agree to settle tax fraud

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.

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