ELECTRONIC waste, or e-waste, is fast becoming one of the most pressing environmental and social challenges of our time. It encompasses discarded electrical and electronic equipment, from refrigerators and microwaves to computers, mobile phones, televisions, and cameras. Some components, especially computer CPUs, contain toxic substances such as lead, cadmium...
The National Board of Revenue (NBR) has set up e-Return Help Desks in all tax zones across the country to facilitate smooth and hassle-free submission of online income tax returns by the esteemed taxpayers...
THE government鈥檚 move to establish a system of rewarding compliant taxpayers, as the chair of the National Board of Revenue said at a progrmame in Dhaka on October 8, appears to be awkward for its being skewed. It appears so because when the revenue board should widen the income tax coverage, simplify the tax payment process, end corruption and irregularities...
The Institute of Chartered Accountants of Bangladesh hosted a seminar on 鈥楥hanges in the Income Tax, VAT and Custom Laws through Finance Ordinance 2025鈥� on Wednesday on a zoom platform...
The Dhaka Metropolitan Senior Special Judge Court on Tuesday ordered the authorities concerned to seize the income tax records of Bushra Siddique, daughter of Tarique Ahmed Siddique who was security adviser to ousted prime minister Sheikh Hasina...
The Institute of Chartered Secretaries of Bangladesh conducted training on 鈥楽ubmission of Income Tax Return Using e-Return System鈥� held on Saturday at ICSB premises in the city aimed to enhance the knowledge and skills of its members in complying with the latest income tax regulations...
Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy and easy luxury lifestyle that has become harder to maintain elsewhere...
The Anti-Corruption Commission on Thursday approved a case against three officials of the National Board of Revenue for their alleged involvement in concealing tax files of a company to allow it to evade Tk 146 crore in income tax...
The National Board of Revenue has exempted foreign nationals working in Bangladesh from filing income tax returns online...
The National Board of Revenue has made online submission of income tax returns mandatory for all individual taxpayers across the country, except for senior citizens aged 65 years or above, physically incapable or taxpayers with special needs subject to submission of certificates, Bangladeshi taxpayers residing abroad and legal representatives of deceased taxpayers...
The government primary scholarship examinations will work as a financial incentive for the children from low-income families for continuing their education, said the primary and mass education ministry in a statement on Saturday...
The government has announced that individuals could purchase 鈥楽avings Certificates鈥� up to Tk 10 lakh without showing income tax return submission documents...
Housing and public works adviser Adilur Rahman Khan on Saturday said that safe and affordable housing facilities must be ensured for low-income people in the city...
The newly formed Income Tax Intelligence and Investigation Unit has uncovered revenue evasion worth Tk 1874 crore in the preliminary investigation of tax evasion of 183 individuals/organisations based on intelligence activities in the seven months since December last year...
Leaders of the Bangladesh Textile Mills Association on Monday at a meeting urged finance adviser Salehuddin Ahmed to withdraw 2 per cent advance income tax for the import of cotton...
The textile millers of the country said that if the government could not withdraw the newly imposed 2 per cent advance income tax immediately, the sector could lose competitiveness which could lead to the closure of the textile factory units.
Textile millers of the country have urged the government to withdraw a 2 per cent advance income tax imposed on imported cotton recently.
A total of 17,12,492 taxpayers filed their income tax returns online in the financial year 2024-25, which ended on Monday, while more than 2 lakh taxpayers completed registration for e-return filing...
National Board of Revenue chairman Md Abdur Rahman Khan on Thursday said that country鈥檚 taxpayers could now submit their individual income tax returns online from July...
DESPITE having several sources of revenue and a dual system of tax collection (direct-indirect), the majority of tax revenue is collected through indirect tax, called value-added tax, regulated聽by the Value Added Tax and Supplementary Duty Act 2012. The income tax, which is governed by the Income Tax Ordinance of 1984, includes corporate taxes, taxes...
A group of private university students on Wednesday protested at a 15 per cent income tax on private universities demanding immediate withdrawal of the tax...
The interim government has limited the scope in the new budget for legalising undisclosed money, while proposing an increase in the income tax threshold from the 2026鈥�27 financial year.聽聽聽
The interim government is going to increase the tax-free income limit to Tk 3,75,000 and make changes in the individual income tax payment structure in the national budget for the forthcoming financial year of 2025-26, said finance ministry officials.
Bangladesh's gross domestic product will grow by 3.92 per cent in the outgoing financial year 2024-25, raising the per capita income to $2,820...
ACCORDING to the President鈥檚 Act 1975 (Remuneration and Privileges), as amended up to 2016, Section 3, the president鈥檚 salary is exempt from income tax. The president currently receives a monthly salary of Tk 120,000, entertainment allowance at actuals, fully furnished and maintained residential accommodation and government coverage for electricity, gas, water...
Hungary on Tuesday passed a law exempting women with two or three children from paying income tax as part of a costly drive to try to reverse population decline.
The absence of a national minimum wage forces a huge number of employees and workers in many formal and informal sectors in the country to remain highly low paid, widening income inequality...
IN BANGLADESH, the tax deducted at source (TDS) system is designed to ensure timely tax collection and prevent evasion. However, for many low-income professionals 鈥� especially freelancers, consultants, and small business owners 鈥� this system has become an unnecessary financial burden. Despite earning less than the taxable income threshold, they often find...
The Centre for Policy Dialogue on Sunday urged the government to increase tax-free income threshold for personal income to Taka 4 lakh in the upcoming fiscal year 2025-26 (FY26) budget given the prevailing high inflationary situation...
Religious affairs adviser Professor AFM Khalid Hossain has said that Sharia banking plays an important role in poverty alleviation and ensuring income inequality...
