Online filing of company tax returns mandatory from next year
From next year, company taxpayers in Bangladesh would require to file their returns online, said National Board of Revenue chairman Abdur Rahman Khan on Sunday...
Tags : Tax
Govt exempts VAT on import of large vessel
The government has decided to exempt the existing 7.5 per cent Value Added Tax on the import of sea-going vessels with a capacity of more than 5,000 Deadweight Tonnage (DWT)...
ACC to sue two sons of S Alam over Tk 75cr tax evasion
The Anti-Corruption Commission on Wednesday approved a case against 10 people including S Alam group chairman Mohammed Saiful Alam鈥檚 two sons, Ashraful Alam and Asadul Alam Mahir, for their alleged involvement in evading taxes worth Tk 75 crore...
Seminar on changes in Income Tax, VAT, Custom Laws held
The Institute of Chartered Accountants of Bangladesh hosted a seminar on 鈥楥hanges in the Income Tax, VAT and Custom Laws through Finance Ordinance 2025鈥� on Wednesday on a zoom platform...
Seizure of tax records of Tarique Siddique鈥檚 daughter ordered
The Dhaka Metropolitan Senior Special Judge Court on Tuesday ordered the authorities concerned to seize the income tax records of Bushra Siddique, daughter of Tarique Ahmed Siddique who was security adviser to ousted prime minister Sheikh Hasina...
IRD suspends assistant tax commissioner for taking bribe
The Internal Resources Division has suspended assistant tax commissioner Jannatul Ferdous for allegedly accepting a bribe of Tk聽38 lakh in exchange for handing over sensitive income tax records...
NBR transfers 225 tax inspectors across Bangladesh
The National Board of Revenue has transferred 225 tax inspectors from different tax zones to its offices elsewhere across Bangladesh on Wednesday...
Tax evasion soaring since 2012: survey
Tax evasion in Bangladesh witnessed a sharp increase for more than a decade, according to a Centre for Policy Dialogue survey...
ICSB holds training on e-return submission
The Institute of Chartered Secretaries of Bangladesh conducted training on 鈥楽ubmission of Income Tax Return Using e-Return System鈥� held on Saturday at ICSB premises in the city aimed to enhance the knowledge and skills of its members in complying with the latest income tax regulations...
Modi dangles tax cuts as US tariffs loom
Indian prime minister Narendra Modi鈥檚 push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say...
Less tax, more luxury: millionaires flock to Dubai
Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy and easy luxury lifestyle that has become harder to maintain elsewhere...
ACC to prosecute 3 NBR officials
The Anti-Corruption Commission on Thursday approved a case against three officials of the National Board of Revenue for their alleged involvement in concealing tax files of a company to allow it to evade Tk 146 crore in income tax...
July tax receipts rise, but fall short of target
The country鈥檚 revenue collection witnessed an increase of 24.32 per cent to Tk 27,247 crore in July, the first month of the financial year 2025-26, according to the National Board of Revenue data...
9 more NBR officials suspended, 131 transferred
In a major administrative reshuffle at the National Board of Revenue, the authorities on Monday suspended nine more tax officials and transferred 131 others to its different offices...
Eyeing robotaxis, Tesla hiring NY car operator
Tesla is recruiting a motorist to test its driver-assistance technology in New York with an eye towards autonomous driving, according to a job listing reviewed by AFP on Wednesday...
Foreigners exempted from e-returns
The National Board of Revenue has exempted foreign nationals working in Bangladesh from filing income tax returns online...
Rice procurement faces disruption due to 0.5pc tax
Rice procurement activities across the country are facing disruptions following the imposition of a 0.5 per cent source tax on domestic rice procurement, according to an official document...
Electric 鈥榓ir taxis鈥� could debut in Japan from 2027
Airline ANA said Thursday that, together with a US start-up, it hopes to have electric 鈥榓ir taxis鈥� whizzing over Japan from as early as 2027...
10,202 taxpayers file returns online on first day of E-return launch
A total of 10,202 individual taxpayers filed their income tax returns online on the very first day of the launch of the e-return filing process for the financial year 2025鈥�26, according to the National Board of Revenue...
Bangladesh govt makes online submission of tax returns mandatory
The National Board of Revenue has made online submission of income tax returns mandatory for all individual taxpayers across the country, except for senior citizens aged 65 years or above, physically incapable or taxpayers with special needs subject to submission of certificates, Bangladeshi taxpayers residing abroad and legal representatives of deceased taxpayers...
Tax return not mandatory for NSC of up to Tk 10 lakh
The government has announced that individuals could purchase 鈥楽avings Certificates鈥� up to Tk 10 lakh without showing income tax return submission documents...
NBR selects 15,494 tax files for audit in random mode
The National Board of Revenue has selected some 15,494 income tax cases for audit through random selection method apparently aiming to check tax evasion...
Tk 1,874cr tax evaded in 7 months
The newly formed Income Tax Intelligence and Investigation Unit has uncovered revenue evasion worth Tk 1874 crore in the preliminary investigation of tax evasion of 183 individuals/organisations based on intelligence activities in the seven months since December last year...
BTMA seeks Withdrawal of 2pc advance income tax
Leaders of the Bangladesh Textile Mills Association on Monday at a meeting urged finance adviser Salehuddin Ahmed to withdraw 2 per cent advance income tax for the import of cotton...
Textile millers fear losing competitiveness
The textile millers of the country said that if the government could not withdraw the newly imposed 2 per cent advance income tax immediately, the sector could lose competitiveness which could lead to the closure of the textile factory units.
COTTON IMPORTS: Textile millers for removal of 2pc AIT
Textile millers of the country have urged the government to withdraw a 2 per cent advance income tax imposed on imported cotton recently.
Greece starts charging tourist tax on cruises
Greece has began charging a tax on island cruise ships, the latest European effort to tackle soaring visitor numbers to the continent鈥檚 most popular destinations.
Over 17 lakh tax returns filed online in FY25
A total of 17,12,492 taxpayers filed their income tax returns online in the financial year 2024-25, which ended on Monday, while more than 2 lakh taxpayers completed registration for e-return filing...
19 dead in Kenya protests
The death toll from protests in Kenya to mark the anniversary of a massive crackdown on anti-tax demonstrations has risen to 19, with another 15 people missing, the national human-rights commission said Friday...
Taxpayers can submit returns online from July: NBR
National Board of Revenue chairman Md Abdur Rahman Khan on Thursday said that country鈥檚 taxpayers could now submit their individual income tax returns online from July...