ACC to sue NBR聽official for illegal wealth
The Anti-Corruption Commission on Monday approved a case against Md Aksir Uddin Mollah, a customs super of the National Board of Revenue鈥檚 Customs Excise and VAT office in...
Tags : Revenue
Improved implementation of debt management policy a must
A persistent increase in internal and external government borrowing and the consequent pressure on loan repayment pose a threat to the economy. While economists have for long spoken of negative impacts of the growing government debt, the authorities appear to have ignored the risks and continued to borrow excessively...
EPB working to rectify export data anomalies
The Export Promotion Bureau is likely to revise its export figures downward by more than $10.8 billion for the financial year 2023-24 after the Bangladesh Bank identified discrepancies between the statistics reported by the EPB and the National Board of Revenue...
Court imposes travel ban on NBR official Enamul
The Dhaka Metropolitan Senior Special Judge Court on Monday imposed an international travel ban on National Board of Revenue commissioner of customs, excise, and...
NBR, EPB responsible for discrepancies in export data: BB
The Bangladesh Bank in an explanation of its actions erasing billions of dollars from the country鈥檚 export earnings account has said that the National Board of Revenue and the Export Development Bureau were responsible for duplication in export data...
Seizure of NBR official鈥檚 9-storey house, flats ordered
Dhaka metropolitan senior special judge court on Thursday ordered the seizure of huge assets, including a nine-storey building, owned by Mohammed Enamul Hoque, commissioner of the...
Seize assets of Matiur, family: court聽
The Dhaka Metropolitan Senior Special Judge Court on Thursday ordered the seizure of the assets, including four flats and over 1,000 decimals of land, of National Board of Revenue official...
Welcome HC ruling on wealth oversight of public servants
THE High Court in a welcome move on July 2 asked the government to immediately enforce the rule that requires public servants to declare their and their dependents鈥� assets before joining the service. Hearing a writ petition that sought a court directive on rampant allegations of corruption against public servants, the court observes that corruption...
Ex-NBR official Badrun Nahar, husband sued
The Anti-Corruption Commission filed two cases on Monday against former assistant director of the National Board of Revenue Badrun Nahar and her husband former...
Matiur鈥檚 wife聽seeks travel聽ban lift
Narsingdi鈥檚 Raipura upazila parishad chairman Layla Kaniz Lucky, also first wife of National Board of Revenue member Matiur Rahman, submitted a petition to a...
Two companies of S Alam Group evade Tk 3,538 crore in VAT
Two companies of S Alam Group evaded Tk 3,538 crore in Value Added Tax through various ways in three years between 2019 and 2022....
No decision yet on metro rail fare hike
No decision has been made till Sunday night over the metro rail fare hike from Monday following the exemption of the Value Added Tax on tickets.....
NBR transfers first secretary Faisal to Bogura amid graft allegations
The National Board of Revenue on Sunday transferred its first secretary (Taxes) Quazi Abu Mahmud Faisal to Bogura amid allegations of amassing illegal wealth...
Tk 80,000cr in revenue stuck in 30,000 cases
About 30,000 cases pending with the Supreme Court, and appellate commissioners and tribunals have withheld the collection of Tk 80,000 crore in revenue.
Another senior NBR official in ACC net
The Anti-Corruption Commission found huge movable and immovable assets of National Board of Revenue first secretary [Taxes Legal and Enforcement]...
Matiur鈥檚 wife attends upazila meeting after 14 days
Raipura upazila parishad chairman Laila Kaniz Lucky, also the first wife of former National Board of Revenue member Matiur Rahman, attended a meeting in the upazila after 14 days of disappearance amid allegations against her and her husband for accumulating a huge quantity of illegal wealth...
Banks, NBFIs asked to freeze accounts of Matiur, family
The Bangladesh Financial Intelligence Unit of the Bangladesh Bank on Tuesday asked all banks and non-banking financial institutions to freeze all accounts of National Board of Revenue member Matiur Rahman and his family members who were now facing allegations of amassing illegal wealth...
Matiur `leaves country鈥� before travel ban
Md Matiur Rahman, a member of the National Board of Revenue,聽reportedly left the country, a day before the imposition of an international travel ban by...
NBR official Matiur under ACC scanner
The Anti-Corruption Commission started an inquiry against Md Matiur Rahman, president of the National Board of Revenue鈥檚 Customs, Excise, and VAT Appellate Tribunal, over...
Will the budget attain targeted goals?
THE finance minister, Abul Hassan Mahmood Ali, placed the budget for the 2024鈥�2025 financial year in parliament on June 6. This is his first budget as finance minister and the first for the incumbent government...
EC must now investigate wealth mismatch of candidates
TRANSPARENCY International Bangladesh has earlier made public its findings form the analysis it carried out on the affidavits that the candidates submitted to the Election Commission running in both the national and local government elections...
BGMEA wants end to 鈥榟arassment鈥� by customs officials
The Bangladesh Garment Manufacturers and Exporters Association on Saturday urged the government to make the apparel export business free from...
Unravelling taxation conundrum
IN AN era when digitisation is rapidly reshaping economies, Bangladesh stands at a crossroads. Online businesses, from聽 electronic commerce giants to freelance platforms, are creating employment and contributing to economic growth...
SC allows income tax collection from all pvt universities
The Appellate Division of the Supreme Court on Thursday cleared the way for the National Board of Revenue to collect outstanding income tax from three private universities...
HC starts hearing Tk 600cr tax evasion case of Prof Yunus
The High Court on Thursday started fresh hearing on two writ petitions filed by Grameen Kalyan, a nonprofit social business company founded by Nobel Laureate Muhammad Yunus, challenging the National Board of Revenue鈥檚 claim of Tk聽600 crore income tax from the company for the years 2013 to 2017...
PM endorses phasing out tax waivers
The National Board of Revenue will go ahead with its plans to phase out tax waivers from the upcoming new national budget to bolster the tax-to-GDP ratio, which is now...
25pc duty for MPs to import cars likely聽
The National Board of Revenue has taken the initiative to impose a 25 per cent duty on car imports by lawmakers, partially withdrawing the duty-free facility for them to import...
NBR prepares to phase out聽tax waiver聽
The National Board of Revenue is likely to implement a roadmap to phase out tax waivers enjoyed by different sectors from the new financial year...
Authorities have issues to address to raise tax-to-GDP ratio
The government鈥檚 performance is tellingly poor when it comes to the tax-to-GDP ratio. The ratio has remained static at about 8 per cent, one of the lowest even in South Asia, for the past decade as proposals and initiatives for augmenting...
Bangladesh banking, revenue sectors need better governance
Asian Development Bank country director for Bangladesh Edimon Ginting on Monday underscored the need for improved governance in the country鈥檚 banking and revenue sector to keep the economy healthy and strong...