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 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.
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...
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...
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...
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
ACCORDING to the President鈥檚 Act 1975 (Remuneration and Privileges), as amended up to 2016, Section 3, the president鈥檚 salary is exempt from income tax. The president currently receives a monthly salary of Tk 120,000, entertainment allowance at actuals, fully furnished and maintained residential accommodation and government coverage for electricity, gas, water...
Hungary on Tuesday passed a law exempting women with two or three children from paying income tax as part of a costly drive to try to reverse population decline.
The National Board Revenue on Sunday said that the submission of income tax returns by individual taxpayers online could be made all year round.
The National Board of Revenue on Thursday announced deadline extension for filing income tax returns for both individual taxpayers and companies...
Taxpayers can submit their income tax returns round the year through online system, but they have to pay extra charge...
The National Board of Revenue has increased income tax on industries making motorcycle, freezer, refrigerator and air conditioner in a move to increase revenue generation from direct tax...
The number of income tax returns filed online has surpassed 10 lakh, with registrations for online return filing exceeding 16 lakh.
The National Board of Revenue has so far received over 5,00,000 income tax returns online, the number is 129 per cent higher than the same period of the of the previous year...
The National Board of Revenue on Wednesday issued guidelines on determining fees on online income tax payments in Bangladesh...
The number of online income tax return filings has crossed 2,00,000 amid growing interest among taxpayers to comply with the rules and avoid the hassles of visiting tax offices.
Microcredit lender Grameen Bank will enjoy income tax exemption until 2029 upon conditions, including submission of annual income tax returns.
The National Board of Revenue has formed a task force to reform the income tax law with the objective of making the rules people- and business-friendly...
A Dhaka court today gave an order to seize income tax files of Bangladesh Bank's former deputy governor Sitangshu Kumar Sur Chowdhury, his wife Suporna Sur Chowdhury and daughter Nandita Sur Chowdhury...
AN AMOUNT of Tk 800 billion in revenue having been stuck because of about 30,000 cases pending with the Supreme Court, tax appeals commissioners and tax appellate tribunals largely suggests indifference, if not negligence, on part of government authorities. The cases involve, as revenue board statistics show, Tk 403.89 billion in 11,007 cases related to income tax...
Anti-graft watchdog Transparency International Bangladesh found a mismatch between the affidavits and income tax returns of many wealthy candidates for the third phase of the upazila parishad election slated for May 29...
AGRICULTURE has played a vital role in Bangladesh鈥檚 gross domestic product since independence in 1971. Through the years, the economy of Bangladesh grew, and the income of the country surged from different other sectors, such as the service sector and manufacturing sector...
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...