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Tags : revenue


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Fiscal pressure to persist despite foreign loans 

The interim government has made progress in mobilising more external loans from multilateral lenders but that will not reduce pressure on fiscal management due to lower than the expected domestic...

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Over five lakh filed tax returns online

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...

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RWASA should, rather, address non-revenue water loss

THE Rajshahi Water Supply and Sewerage Authority tripled the water tariff in February 2022 to cover losses in the production cost. The supply water agency spends Tk 8.90 on the production of a unit of water, or 1,000 litres, and sells it to household consumers for Tk 6.81 a unit and to commercial consumers for Tk 1.366 a unit over a supply network spanning...

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Govt should address corruption, complexity in tax system

MOST businesses coming to find the tax system complex, burdensome and prone to corruption speaks of the sorry state of the system. A Centre for Policy Dialogue study shows that 57.1 per cent of businesses perceive bribery as commonplace in tax-related interactions while 59.4 per cent of them find difficulties in compliance. Most businesses also find the...

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NBR chair vows tougher action against gold smuggling

National Board of Revenue chairman Abdur Rahman Khan has warned that tougher steps would be taken to address gold smuggling, streamline tax procedures and ensure fair pricing of essential goods...

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Tax return submission deadline extended till Dec 31

The National Board of Revenue has extended the deadline for income tax returns submission by all types of taxpayers except companies in both offline and online by one month till December 31, 2024...

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BTTC suggests waiving import duty on onions

The Bangladesh Trade and Tariff Commission has recommended the National Revenue Board to withdraw the existing 5 per cent customs duty on import of onions to reduce the price of the essential commodity on the local market...

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Revenue collection falls in Q1

The revenue collection of the National Board of Revenue suffered in the first three months of the running financial year 2024-25.

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Electronic tax returns must for certain service holders

The National Board of Revenue has made it mandatory for certain public and private service holders including bankers and officials of mobile phone operators to file their income tax returns electronically.

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Bank accounts of ex-DB chief Harun, family members frozen

The Central Intelligence Cell (CIC) of the National Board of Revenue (NBR) has frozen all bank and Non-Banking Financial Institution (NBFI) accounts belonging to ex-chief of the Detective Branch of police, Harun ur Rashid and his family members, excluding minor children.

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NBR cuts duty on sugar, eggs, edible oil imports

The National Board of Revenue on Thursday issued a gazette notification exempting import duty on sugar and eggs, and import and local VAT on edible oil to increase supply and...

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Ex-NBR chairman Nojibur, ex-secy Aminul sent to jail

A Dhaka court on Thursday sent ex-chairman of the National Board of Revenue Md Nojibur Rahman and former senior secretary Md Aminul Islam Khan to jail upon completion of their remand period in the murder case of Jubo Dal leader Shamim.

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NBR blocks share transfer by 7 groups

The National Board of Revenue on Wednesday asked the office of the Registrar of Joint Stock Companies and Firms to immediately suspend sales and transfers of shares by seven business groups...

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NBR moves to digitalise tax audit selection

The National Board of Revenue has initiated a plan to digitalise its tax audit selection process, replacing the long-standing manual method, to eliminate human interference and restore taxpayer confidence...