Seminar on changes in Income Tax, VAT, Custom Laws held
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...
Tags : Income Tax
Seizure of tax records of Tarique Siddique鈥檚 daughter ordered
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...
ICSB holds training on e-return submission
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...
Less tax, more luxury: millionaires flock to Dubai
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...
ACC to prosecute 3 NBR officials
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...
Foreigners exempted from e-returns
The National Board of Revenue has exempted foreign nationals working in Bangladesh from filing income tax returns online...
Bangladesh govt makes online submission of tax returns mandatory
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...
Tax return not mandatory for NSC of up to Tk 10 lakh
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...
Tk 1,874cr tax evaded in 7 months
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...
BTMA seeks Withdrawal of 2pc advance income tax
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...
Textile millers fear losing competitiveness
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.
COTTON IMPORTS: Textile millers for removal of 2pc AIT
Textile millers of the country have urged the government to withdraw a 2 per cent advance income tax imposed on imported cotton recently.
Over 17 lakh tax returns filed online in FY25
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...
Taxpayers can submit returns online from July: NBR
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...
Regressive reality of聽VAT
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...
Students demand withdrawal of 15pc tax on private univs
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...
Tax-free income ceiling to remain unchanged
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 president does not have to pay taxes!
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...
No tax for Hungarian women with two children
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.
Submission of online tax returns allowed all year round
The National Board Revenue on Sunday said that the submission of income tax returns by individual taxpayers online could be made all year round.
NBR extends deadline for submitting income tax return
The National Board of Revenue on Thursday announced deadline extension for filing income tax returns for both individual taxpayers and companies...
Taxpayers can submit returns round the year online
Taxpayers can submit their income tax returns round the year through online system, but they have to pay extra charge...
Tax on motorcycle, AC manufacturers鈥� income doubled
The National Board of Revenue has increased income tax on industries making motorcycle, freezer, refrigerator and air conditioner in a move to increase revenue generation from direct tax...
Over one million tax returns filed online
The number of income tax returns filed online has surpassed 10 lakh, with registrations for online return filing exceeding 16 lakh.
Over five lakh filed tax returns online
The National Board of Revenue has so far received over 5,00,000 income tax returns online, the number is 129 per cent higher than the same period of the of the previous year...
NBR sets fees for online income tax payments
The National Board of Revenue on Wednesday issued guidelines on determining fees on online income tax payments in Bangladesh...
Number of online tax return filing crosses 2 lakh
The number of online income tax return filings has crossed 2,00,000 amid growing interest among taxpayers to comply with the rules and avoid the hassles of visiting tax offices.
Grameen Bank tax exemption facility reinstated聽聽聽
Microcredit lender Grameen Bank will enjoy income tax exemption until 2029 upon conditions, including submission of annual income tax returns.
NBR forms taskforce to reform income tax law
The National Board of Revenue has formed a task force to reform the income tax law with the objective of making the rules people- and business-friendly...
Court orders freezing of tax files of ex-BB deputy governor
A Dhaka court today gave an order to seize income tax files of Bangladesh Bank's former deputy governor Sitangshu Kumar Sur Chowdhury, his wife Suporna Sur Chowdhury and daughter Nandita Sur Chowdhury...