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...
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...
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...
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...
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...
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.
Textile millers of the country have urged the government to withdraw a 2 per cent advance income tax imposed on imported cotton recently.
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.
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...
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...
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...
A German court on Wednesday fined the domestic football association DFB聽130,000 euros ($150,000) in a tax evasion case linked to suspicious payments around the 2006 World Cup...
The interim government on Tuesday approved a project worth Tk聽1,009.20 crore, aiming at the capacity building of tax officials against the backdrop of falling revenue collection in terms of the country鈥檚 gross domestic product...
The National Board of Revenue has recovered a total of Tk聽994 crore in the past nine months (September 2024 to May 2025) through a series of tax and revenue evasion investigations and drives...
Tesla began offering robotaxi services Sunday in the US city of Austin, Texas, an initial step that Elon Musk鈥檚 backers believe could lead to the company鈥檚 next growth wave...
The increase in advance tax aiming to recover the revenue lost to VAT evasion could ultimately lead to consumer price hike and further inflationary pressure, said the experts.
The Venture Capital and Private Equity Association of Bangladesh has urged the government to treat investment in venture capital funds as an allowable investment for tax rebate...
DESPITE having several sources of revenue and a dual system of tax collection (direct-indirect), the majority of tax revenue is collected through indirect tax, called value-added tax, regulated聽by the Value Added Tax and Supplementary Duty Act 2012. The income tax, which is governed by the Income Tax Ordinance of 1984, includes corporate taxes, taxes...
A group of private university students on Wednesday protested at a 15 per cent income tax on private universities demanding immediate withdrawal of the tax...
Professor Mustafizur Rahman, distinguished fellow of the Centre for Policy Dialogue, said that to reduce the revenue collection deficit, the government must close tax loopholes and ensure good governance...
Vietnam鈥檚 lawmakers approved raising the tax on beer and strong alcoholic beverages on Saturday to 90 percent by 2031 from the current 65 percent, state media said...
Britain鈥檚 economy shrank more than expected in April following a tax hike on UK businesses and a record drop in exports to the United States due to president Donald Trump鈥檚 tariffs, official data showed Thursday...
The Sramik Karmachari Oikya Parishad on Thursday demanded the withdrawal of 10 per cent tax imposed on Workers Welfare Fund in the proposed budget for the 2025-26 fiscal year...
The interim government has limited the scope in the new budget for legalising undisclosed money, while proposing an increase in the income tax threshold from the 2026鈥�27 financial year.聽聽聽
The government in its Tk 7,90,000 crore national budget for financial year 2025鈥�26 has proposed both reduction of VAT, tax and duties on a number of items, while their increase on some others.
The government has widened the corporate tax gap between listed and non-listed companies from the existing 5 per cent to 7.5 per cent in the proposed national budget for the fiscal year 2025鈥�26.
BRAC Bank achieved a 73 per cent year-on-year growth in its Net Profit After-Tax on a consolidated basis for 2024 amid challenging market conditions...
The interim government is going to increase the tax-free income limit to Tk 3,75,000 and make changes in the individual income tax payment structure in the national budget for the forthcoming financial year of 2025-26, said finance ministry officials.
The Institutional Quality Assurance Cell of Gono Bishwabidyalay organised a workshop on bloom鈥檚 taxonomy of learning objectives at the IQAC meeting room of the university at Savar in Dhaka on Thursday...
The Republican-led US House of Representatives voted Thursday to approve president Donald Trump鈥檚 sprawling tax relief and spending cuts mega-bill that critics warn would decimate health care while ballooning the debt...