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Tags : Revenue


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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’s tax-to-GDP ratio, which he described as critically low compared to neighbouring countries....

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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...

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BRAC Bank posts deposit, revenue growth in H1

BRAC Bank’s consolidated net profit after-tax (NPAT) in the first six months of 2024 grew by 77 per cent year-on -year to Tk 591 crore supported by deposit and revenue growth, according to press release...

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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 3,82,562 crore...

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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...

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ACC to sue NBR 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’s Customs Excise and VAT office in...

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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...

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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...

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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’s export earnings account has said that the National Board of Revenue and the Export Development Bureau were responsible for duplication in export data...

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Seize assets of Matiur, family: court 

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...

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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’ 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...

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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...

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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.....

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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]...

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Matiur’s 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...

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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...

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NBR official Matiur under ACC scanner

The Anti-Corruption Commission started an inquiry against Md Matiur Rahman, president of the National Board of Revenue’s Customs, Excise, and VAT Appellate Tribunal, over...