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...
Tags : Revenue
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...
NBR extends income tax returns submission deadline to Jan 31
The National Board of Revenue on Tuesday extended the deadline for submitting income tax returns by one month till January 31.
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...
Fiscal pressure to persist despite foreign loans聽
The interim government has made progress in mobilising more external loans from multilateral lenders but that will not reduce pressure on fiscal management due to lower than the expected domestic...
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...
RWASA should, rather, address non-revenue water loss
THE Rajshahi Water Supply and Sewerage Authority tripled the water tariff in February 2022 to cover losses in the production cost. The supply water agency spends Tk 8.90 on the production of a unit of water, or 1,000 litres, and sells it to household consumers for Tk 6.81 a unit and to commercial consumers for Tk 1.366 a unit over a supply network spanning...
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...
NBR for online submission of VAT returns聽
The National Board of Revenue on Tuesday urged all to submit value added tax returns and coefficient declaration online instead of in papers.
NBR gets more than 1.63 lakh e-returns so far: chair
The National Board of Revenue has received more than 1.63 lakh income tax return submissions online since September 9, said its chairman Md Abdur Rahman Khan on Sunday.
BTTC suggests waiving import duty on onions
The Bangladesh Trade and Tariff Commission has recommended the National Revenue Board to withdraw the existing 5 per cent customs duty on import of onions to reduce the price of the essential commodity on the local market...
Renewable energy firms to enjoy tax holiday from 2025
Renewable energy producing companies are going to enjoy tax holiday facilities from next year...
DSE urges NBR for capital market supporting measures
The Dhaka Stock Exchange on Sunday urged the National Board of Revenue to take supportive measures for fostering market stability and growth...
Panama Canal earns record revenue despite drought
The Panama Canal earned record annual revenues of almost $5 billion, despite a reduction in ship traffic due to a drought, its operator said Friday...
Revenue collection falls in Q1
The revenue collection of the National Board of Revenue suffered in the first three months of the running financial year 2024-25.
NBR working with other agencies to bring lost revenue back, says chairman
Bangladesh鈥檚 National Board of Revenue chairman Md Abdur Rahman Khan said the organisation was prioritising the recovery of lost or foregone revenue.
Electronic tax returns must for certain service holders
The National Board of Revenue has made it mandatory for certain public and private service holders including bankers and officials of mobile phone operators to file their income tax returns electronically.
Bank accounts of ex-DB chief Harun, family members frozen
The Central Intelligence Cell (CIC) of the National Board of Revenue (NBR) has frozen all bank and Non-Banking Financial Institution (NBFI) accounts belonging to ex-chief of the Detective Branch of police, Harun ur Rashid and his family members, excluding minor children.
NBR cuts duty on sugar, eggs, edible oil imports
The National Board of Revenue on Thursday issued a gazette notification exempting import duty on sugar and eggs, and import and local VAT on edible oil to increase supply and...