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Economy


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NBR begins spot assessment

The National Board of Revenue (NBR) has launched a new Spot Assessment programme to simplify the tax payment system to expand the tax net...

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E-returns to be joined with banking system

National Board of Revenue chairman Abdur Rahman Khan on Tuesday said that the NBR was exploring ways to integrate online tax returns with banking system...

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Sri Lanka posts first growth since crisis

Cash-strapped Sri Lanka’s economy grew by five per cent in 2024, marking the first full year of expansion since its unprecedented meltdown in 2022, official data showed on Tuesday...

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LDC graduation should proceed as planned: Touhid

Foreign affairs adviser Md Touhid Hossain on Monday emphasised that Bangladesh’s graduation from the Least Developed Countries category should proceed as scheduled in 2026, without seeking any deadline extension...

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Most TIN holders didn’t submit returns in past 10yrs: NBR chair

National Board of Revenue chairman Abdur Rahman Khan said that laws and rules regarding taxes had not been implemented fully and among the 1.13 crore taxpayers or tax identification number holders in the country, 80-85 lakh taxpayers had not submitted a tax return in the past 10 years...

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NBR for not allowing tax exemption unnecessarily 

National Board of Revenue chairman Md Abdur Rahman Khan said on Monday that the government had taken a vow not to allow tax exemption in the coming days unless it was inevitably necessary for the interest of the country...

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OECD lowers global growth forecasts

The Organisation for Economic Co-operation and Development on Monday lowered its projections for global growth in 2025 due to ‘trade barriers’ and ‘uncertainty’...

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Net sales of savings certificates nosedive in July-Jan

The net sales of national savings certificates (NSCs) continued their downward trend in the first seven months of the current financial year, reflecting the impact of prolonged inflation and shifting investment preferences...

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