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...
Tags : Tax
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...
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...
EV automakers get reprieve in US tax credit rules
The US government gave automakers a reprieve Friday when finalizing electric vehicle tax credit rules, by letting cars that contain Chinese graphite qualify for the...
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...
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...
Taxation system needs reform to raise tax-GDP ratio: experts
Economists and professionals at a roundtable discussion on Sunday said that Bangladesh needed to increase its tax-GDP ratio, which was currently very low compared with that of neighbouring countries...
Number of TIN holders crosses 1.02cr
The number of taxpayer identification number holders is gradually increasing in the country as it has now crossed 1.02 crore....
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.....
鈥楶anama Papers鈥� trial begins, key defendant denies guilt
Twenty-seven people went on trial on Monday in connection with the 鈥楶anama Papers鈥� tax evasion scandal, with one of the main defendants denying accusations of money laundering.....