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...
Tags : Revenue
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...
IMF for NBR reforms, abolishing tax waivers聽
The visiting International Monetary Fund mission on Sunday recommended around half a dozen measures, including administrative reform in the...
Tax receipts witness 15.23pc growth in July-March
Revenue collection by the National Board of Revenue聽 from income tax, customs and VAT during the July-March period of the current financial year 2023-24 witnessed a 15.23 per cent growth fetching Tk 2,59,866 crore.....
Govt hopeful of IMF tranche despite lower forex reserves
An International Monetary Fund mission will arrive in the capital next week to review targets, including the underachieved forex reserves, regarding its $4.7 billion loan programme...
Revenue target elusive in 12 years
The National Board of Revenue has failed to earn revenue targets in the past 12 financial years despite mostly downward revisions and is unlikely to...
