NBR raids ex-IGP Benazir鈥檚 resort in Gopalganj
The National Board of Revenue鈥檚 central intelligence cell on Tuesday raided former inspector general of police Benazir Ahmed鈥檚 Savana Eco Resort and Natural Park in Gopalganj...
Tags : National board of Revenue
Leadership structure barrier to NBR reform: advisory committee
Advisory committee formed to recommend proposals for the reform of the National Board of Revenue has identified dual role of secretary of the Internal Resources Division as an obstacle to the NBR鈥檚 efficiency...
NBR cuts tax in import of air purifiers
The National Board of Revenue on Tuesday said the import cost of air purifiers will be reduced from Tk 1,500 to Tk 7,000 each depending on the quality following the cut in the import duty along with exemption of regulatory duty and advance tax...
NBR to set up EFD at jewellery shops for revenue collection
The National Board of Revenue has initiated a move to install electronic fiscal device (EFD) at all jewellery shops across the country, aiming to enhance the revenue collection from this sector...
Enhanced VAT, SD to affect cigarette market: BAT
Stakeholders expressed apprehension that the sudden hike in VAT and SD would spur consumer prices, dampen demand and ultimately affect the government revenue...
NBR reforms can鈥檛 be done overnight: Mazid
Muhammad Abdul Mazid, a member of the advisory committee to initiate reforms in the National Board of Revenue, on Thursday said they would propose implementable proposals for the revenue collecting authority...
LPG price hiked after VAT structure change
The price of liquefied petroleum gas has been slightly raised following a change in the structure of the value-added tax by the National Board of Revenue, according to the Bangladesh Energy Regulatory Commission...
Govt should, rather, improve efficiency and end corruption
PETROBANGLA鈥橲 proposal seeking an increase in gas prices supplied to industries and captive power plants by 152 per cent and 140 per cent respectively, which the government says is unpleasant and unavoidable, is worrying in that industrialists say that such a move would increase production cost that will eventually fall on consumers. Whilst the...
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...
42 luxurious vehicles imported by ex-AL MPs stuck at Ctg Port
Forty-two luxurious vehicles, imported under duty-free privileges by former Awami League MPs, have been lying at Chattogram Port for the past five months, creating complications for the National Board of Revenue....
Wider use of mobile phone faces hurdles
Telecom sector industry stakeholders said that the decision to increase the supplementary duty on mobile phone services by 3 per cent would hinder progress and widen the digital divide...
IMPORTS THRU BENAPOLE PORT: Physical inspection made mandatory for 12 items
The National Board of Revenue鈥檚 Customs division in a directive made physical inspection mandatory for a dozen imported products through the Benapole Land Port...
ILLEGAL WEALTH: ACC files 3 more cases against Matiur, family
The Anti-Corruption Commission on Monday filed seven cases against former National Board of Revenue official Matiur Rahman, his family, two former Awami League lawmakers and their families over amassing illegal wealth.
Family members of July martyrs to be exempted from age requirement to purchase family savings certificates
The male family members of the July-August uprising martyrs will be exempted from the minimum 65 years age requirement while purchasing family savings certificates.
VAT ON METRO RAIL TICKETS: NBR extends exemption period
The National Board of Revenue on Monday has extended the exemption period of the value added tax on metro rail tickets for one more year...
Ex-PMO principal secretary Nazibur sent to jail after remand
Ex-principal secretary to the Prime Minister鈥檚 Office and former National Board of Revenue chairman Nazibur Rahman was sent to jail after end of his three-day remand in connection with killing of...
Online VAT services to remain suspended for 96 hours: NBR
The National Board of Revenue on Sunday announced that all online VAT services, including Integrated VAT Administration System, will be unavailable for 96 hours due to a network migration...
ACC sues Benazir, Matiur, family members
The Anti-Corruption Commission on Sunday filed six cases against six people, including former inspector general of police Benazir Ahmed and former National Board of Revenue member Matiur Rahman, on charges of...
Finance adviser hints at end to tax break
Finance adviser Salehuddin Ahmed on Tuesday said that the tax exception culture enjoyed by industries over the years was due largely to low domestic revenue generation...
Govt to try to introduce single rate VAT system: NBR chair
National Board of Revenue chairman Md Abdur Rahman Khan on Monday said that the government would try to introduce single rate VAT system in the country in a bid to reduce leakage in revenue collection...
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...
HC rejects ex-NBR official Matiur鈥檚 travel petition
The High Court on Monday rejected a writ petition by Matiur Rahman, former president of the National Board of Revenue鈥檚 customs, excise, and VAT appellate tribunal, seeking permission to leave the country...
NBR intensifies security measures of ASYCUDA World System
The National Board of Revenue has intensified security measures of ASYCUDA World System to prevent any sort of irregularities...
Govt should address corruption, complexity in tax system
MOST businesses coming to find the tax system complex, burdensome and prone to corruption speaks of the sorry state of the system. A Centre for Policy Dialogue study shows that 57.1 per cent of businesses perceive bribery as commonplace in tax-related interactions while 59.4 per cent of them find difficulties in compliance. Most businesses also find the...
57pc businesses perceive bribery as usual in tax-related matters: CPD
The National Board of Revenue is grappling with various management challenges, as 57.1 per cent of businesses now perceives bribery as commonplace in tax-related interactions, up from 47.8 per cent in 2021, according to a Centre for Policy Dialogue study...
NBR chair vows tougher action against gold smuggling
National Board of Revenue chairman Abdur Rahman Khan has warned that tougher steps would be taken to address gold smuggling, streamline tax procedures and ensure fair pricing of essential goods...
Tax return submission deadline extended till Dec 31
The National Board of Revenue has extended the deadline for income tax returns submission by all types of taxpayers except companies in both offline and online by one month till December 31, 2024...
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...
NBR nominates 6 officials for C&F agent attachment process
The National Board of Revenue has nominated six of its officials to continue the process of attachment of C&F agents of importers.
NBR withdraws airfare excise duty, VAT for hajj pilgrims
The National Board of Revenue has withdrawn excise duty on inbound and outbound airfare for hajj pilgrims, as well as the value-added tax on three types of service charges for...