NBR looking to expand base of VAT payers
The National Board of Revenue has taken a move to expand its Value Added Tax base, with a view to increase revenue collection for the national exchequer...
Tags : revenue
Govt decides to ban yarn imports thru land ports
The commerce ministry has instructed the National Board of Revenue to take regulatory action to halt yarn imports through land ports.
Three price tiers of cigarette sought to hike revenue
Research and advocacy organisation PROGGA (Knowledge for Progress) and Anti-Tobacco Media Alliance have urged policymakers to reduce the number of cigarette price tiers from 4 to 3 in the upcoming national budget for the financial year 2025-26...
BYD posts record annual revenue, beats Tesla
Chinese carmaker BYD saw a surge in revenue last year, a stock filing showed Monday, surpassing the $100 billion mark and beating rival Tesla as the Shenzhen-based firm accelerates its overseas expansion...
Banks asked to freeze accounts of GM Quader, wife
The National Board of Revenue has instructed banks and financial institutions to freeze the accounts of Jatiya Party chairman Ghulam Muhammed Quader, also a former minister, and his wife Sharifa Quader over graft allegations.
Budget to focus on NBR split
The proposed bifurcation of the National Board of Revenue and the future role and responsibilities of the two offices of the revenue board after the spilt are likely to get a special focus in the national budget for the forthcoming financial year of 2025-26.
Many taxpayers abuse scope of tax exemptions: NBR chair
National Board of Revenue chairman Abdur Rahman Khan said that many taxpayers abuse the exemption as the tax exemption practice always misuse loopholes in the taxation system...
Cigarette price won鈥檛 increase in budget: NBR
National Board of Revenue Chairman Abdur Rahman Khan said that the price of cigarettes will not be hiked in the upcoming budget for the financial year 2025-26...
NBR begins spot assessment
The National Board of Revenue (NBR) has launched a new Spot Assessment programme to simplify the tax payment system to expand the tax net...
E-returns to be joined with banking system
National Board of Revenue chairman Abdur Rahman Khan on Tuesday said that the NBR was exploring ways to integrate online tax returns with banking system...
Most TIN holders didn鈥檛 submit returns in past 10yrs: NBR chair
National Board of Revenue chairman Abdur Rahman Khan said that laws and rules regarding taxes had not been implemented fully and among the 1.13 crore taxpayers or tax identification number holders in the country, 80-85 lakh taxpayers had not submitted a tax return in the past 10 years...
NBR for not allowing tax exemption unnecessarily聽
National Board of Revenue chairman Md Abdur Rahman Khan said on Monday that the government had taken a vow not to allow tax exemption in the coming days unless it was inevitably necessary for the interest of the country...
鈥楴BR takes master plan to digitise all operations鈥�
National Board of Revenue chairman Md Abdur Rahman Khan has said that the revenue board has taken a master plan to digitise all of its activities to ensure digital services for the taxpayers...
PRE-BUDGET DISCUSSION: Tax exemption will be phased out: NBR
National Board of Revenue chairman Abdur Rahman Khan said that the tax on taxpayers who had been enjoying the reduced rate will gradually increase...
PRE-BUDGET DISCUSSION: Businesses demand tax cuts, duty benefits
The industrialists in the leather goods and ceramic sectors, real estate businesses and reconditioned car traders demanded various tax cuts and duty benefits in the upcoming national budget for fiscal year 2025-26...
NBR launches customs risk management regulations against money laundering
The National Board of Revenue has issued a notification introducing the 鈥楥ustoms Risk Management Regulations, 2025鈥� aimed at addressing economic risks such as money laundering and terrorism financing...
PRE-BUDGET DISCUSSION: Next budget may see cut in tax exemptions: NBR chair
National Board of Revenue Chairman Md Abdur Rahman Khan on Wednesday hinted that the tax exemption system might be removed in the forthcoming national budget...
NBR exempts VAT on several essentials
The National Board of Revenue has exempted聽value added tax on several essential items to keep commodity prices stable聽during the holy month of Ramadan.
VAT machine made mandatory for highway restaurants in Bangladesh
The National Board of Revenue has decided to make mandatory installing Electronic Fiscal Device (EFD) or Sales Data Controller (SDC) machines at all VAT-eligible hotels and restaurants located on highways across the country...
Loan repayment becomes heavy burden, says NBR chair
National Board of Revenue chairman Md Abdur Rahman Khan on Tuesday said that the payment of instalments of the domestic and foreign debts and interest on these loans had become a heavy burden to the country...
Businesses urge NBR to set up consultation, advocacy wings
The country鈥檚 businesses on Monday urged the National Board of Revenue for establishing separate wings for policy and implementation to enhance business sector consultations and advocacy.
NBR clarifies instructions on VAT cut on supershop purchases
The National Board of Revenue, in an instruction issued on Tuesday, clarified that supershops selling goods at the maximum retail price cannot charge an additional value added tax from their customers as the VAT will be included in the retail prices or MRP...
No VAT on purchase at supershops
Customers will no longer have to pay value added tax for purchases at supershops...
Single window system streamlines export, import activities
The Bangladesh Single Window system (BSW), launched on January 2, has significantly facilitated the country鈥檚 export-import activities by reducing time and costs, according to a statement from the National Board of Revenue issued on Wednesday...
NBR to launch Authorised Economic Operator Feb 23
The National Board of Revenue is going to launch Authorised Economic Operator on Sunday, February 23, to streamline import and export processes by providing a seamless clearance system...
DCs asked to help tax base expansion
Finance adviser Salehuddin Ahmed on Monday said that deputy commissioners had been directed to help the National Board of Revenue identify taxpayers outside Dhaka and Chattogram...
Submission of online tax returns allowed all year round
The National Board Revenue on Sunday said that the submission of income tax returns by individual taxpayers online could be made all year round.
NBR expands VAT net by 26pc in Aug-Jan
National Board of Revenue has achieved a 26 per cent growth in new VAT registrations over the past six months, from August 2024 to January 2025, according to a press statement by the NBR...
Budget FY26: NBR asks for tax proposals from businesses
The National Board of Revenue has asked for proposals and recommendations from chambers and trade bodies to improve tax regulations, including Value-Added Tax, for the upcoming financial year 2025-26 budget...
Statutory orders for tax waivers scrapped for Shuchona Foundation聽
The National Board of Revenue issued a gazette notification on Monday, scrapping two statutory regulatory orders granting tax waivers for Saima Wazed Putul鈥檚 Shuchona Foundation...