NBR considers out-of-court settlement of tax disputes to boost revenue
The National Board of Revenue is now putting its focus on settling the long pending cases through alternative dispute resolution system to boost the revenue collection...
Tags : Revenue
Ex-NBR chairman Nojibur, ex-secy Aminul sent to jail
A Dhaka court on Thursday sent ex-chairman of the National Board of Revenue Md Nojibur Rahman and former senior secretary Md Aminul Islam Khan to jail upon completion of their remand period in the murder case of Jubo Dal leader Shamim.
Receipts to be submitted to exchequer on collection day
The Finance Division has framed guidelines on the collection and management of levies outside the purview of the National Board of Revenue with a provision of reviewing rates at least...
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...
NBR blocks share transfer by 7 groups
The National Board of Revenue on Wednesday asked the office of the Registrar of Joint Stock Companies and Firms to immediately suspend sales and transfers of shares by seven business groups...
NBR moves to digitalise tax audit selection
The National Board of Revenue has initiated a plan to digitalise its tax audit selection process, replacing the long-standing manual method, to eliminate human interference and restore taxpayer confidence...
NBR to supplement govt鈥檚 efforts to build discrimination-free country
National Board of Revenue chairman Md Abdur Rahman Khan on Monday said that the revenue board was pledge-bound to supplement the government鈥檚 efforts to build a discrimination-free and corruption-free country talking alongside all concerned...
BB ordered to unfreeze accounts linked to ex-NBR official Matiur
The High Court on Sunday ordered the Bangladesh Bank governor to unfreeze six bank accounts of Global Shoes, a company linked to former National Board of Revenue鈥檚 Appellate Tribunal member Matiur Rahman and his family...
NBR chair for ensuring 鈥榲alue for money鈥櫬�
National Board of Revenue chairman Md Abdur聽Rahman Khan on Saturday emphasised ensuring 鈥榲alue for money鈥� of the taxes being聽paid by the country鈥檚 esteemed taxpayers alongside rendering due services to聽them in a prompt manner...
NBR sets six-month target to expand tax net
The National Board of Revenue has set a six-month target to significantly broaden its tax base, aiming to reduce the disproportionate burden on the country鈥檚 existing taxpayers...
NBR cuts import duties on onions, potatoes
The National Board of Revenue on Thursday reduced customs duties on import of onions, potatoes and pesticides to stabilise the supply of the essential commodities...
DCCI urges NBR for CMSME-friendly tax structure
The Dhaka Chamber of Commerce and Industry on Wednesday urged the National board of Revenue to formulate a tax structure that would be friendly to the cottage, micro, small and medium enterprise businesses...
Govt scraps black money whitening facility in Bangladesh
The National Board of Revenue officially scrapped the option for taxpayers to legalise undisclosed income by paying a 15 per cent tax without undergoing any scrutiny.
Moinul becomes Trade and Tariff Commission chair
National Board of Revenue member (grade-1) Moinul Khan has been appointed as chairman (secretary) of the Trade and Tariff Commission...
NBR allows transfer of containers bound for Kamalapur from Ctg port, Pangaon
The National Board of Revenue on Monday allowed transfer of containers filled with imported goods destined for Dhaka鈥檚 Inland Container Depot at Kamalapur...
CPA for using Pangaon ICT amid flood
The importers and exporters have been forced to slow or stop the transport of cargo containers on the Chittagong-Dhaka-Chittagong road and rail routes in the current flood situation. The country's import-export is being hampered due to the arising reasons...
NBR probes into tycoons鈥� corruption, tax evasion
The Central Intelligence Cell of the National Board of Revenue began investigations against high profile businesses for their suspected accumulation of illegal assets and...
NBR new chief contemplates widening tax net to boost revenue
The National Board of Revenue is contemplating to widen its tax net without making any move that would create forceful and fearful environment for the taxpayers...
Probe of corruption of former lawmakers, ministers must
THIS is unacceptable that the Anti-Corruption Commission has not yet investigated the affidavits that the candidates submitted before the 12th national elections held on January 7. The affidavits showed an abnormal increase in wealth of most of the former lawmakers and ministers. Candidates in national and local elections are required to submit...
NBR chairman for boosting tax-to-GDP ratio
National Board of Revenue chairman Md Abdur Rahman Khan on Sunday underscored the importance of increasing Bangladesh鈥檚 tax-to-GDP ratio, which he described as critically low compared to neighbouring countries....
NBR seeks bank,聽credit info of聽Bangladesh's business tycoon S Alam, family
The National Board of Revenue has asked banks and financial institutions to provide account details of Mohammed Saiful Alam, commonly known as S Alam, his family members and...
Interim govt appoints Abdur Rahman Khan NBR chairman
The government on Wednesday cancelled contractual聽appointment of National Board of Revenue chairman Abu Hena Md Rahmatul聽Muneem...
Appointments of NBR chairman, nine others cancelled
The contractual appointments of National Board of Revenue Chairman Abu Hena Rahmatul Munim and nine others have been cancelled.
Protesting BB, NBR officials want top brass removed for corruption
In an unprecedented incident in the Bangladesh Bank鈥檚 history, many of its officials on Wednesday demanded resignation of their top bosses amid a massive political shift in the country...
Restoring economy immediate challenge
The immediate challenge for the proposed interim government will be restoring the economy suffering heavy disruption over the student-led mass protests culminated in the fall of the Sheikh Hasina-led government...
Yunus鈥檚 firms need to pay Tk聽663cr tax: HC
The High Court on Sunday cleared the way for the National Board of Revenue to claim Tk 663 crore as taxes from Grameen Kalyan, and firms of Nobel laureate Professor Muhammad Yunus, in five...
BRAC Bank posts deposit, revenue growth in H1
BRAC Bank鈥檚 consolidated net profit after-tax (NPAT) in the first six months of 2024 grew by 77 per cent year-on -year to Tk聽591 crore supported by deposit and revenue growth, according to press release...
Revenue receipts fall short of target in FY24
Revenue collection by the National Board of Revenue fell short of the revised target, but witnessed a 15.40-per cent growth in the past financial year (2023-24) bagging Tk聽3,82,562 crore...
Matiur鈥檚 wife Layla鈥檚 petition on foreign travel ban rejected
The Dhaka metropolitan senior special judge court on Sunday rejected the petition of Layla Kaniz, the first wife of National Board of Revenue official Matiur Rahman, seeking the withdrawal of the ban on foreign travel...
Access to private company accounts
PRIVATE companies are owned by small number of private shareholders whereas public companies raise their capital from the public by being listed with stock exchanges and selling shares to the public. Privately-held companies are mostly family-run enterprises. These companies at best get some capital from venture capitalists or private equity firms...