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...
Tags : revenue
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...
NBR to conduct drive against illegal tobacco trading
The National Board of Revenue has decided to conduct drive against illegal tobacco trading in the market to secure revenue collection from the sector...
Nine new tax zones to be set up
The government has given approval to set up nine new tax zones in different parts of the country, aiming to improve revenue collection...
NBR imposes 25pc RD on rice bran oil export
The National Board of Revenue has imposed a fresh 25 per cent regulatory duty on the export of crude and refined rice bran oil to increase domestic supply and keep the prices stable...
Big outlay planned for FY26
The finance ministry has planned a big outlay of about Tk聽8.5 lakh crore for the 2025-26 financial year, aiming at encouraging business activities...
Cigarette overpricing causes Tk 3,784cr revenue loss: study
Tobacco companies in Bangladesh evaded government revenue of Tk 3,784 crore during the 2023-24 fiscal by selling cigarettes at prices higher than the maximum retail price printed on the packets, a new study revealed on Wednesday...
NBR extends deadline for submitting income tax return
The National Board of Revenue on Thursday announced deadline extension for filing income tax returns for both individual taxpayers and companies...
Experts suggest setting up stable tax policy
Experts on Monday called for establishing a stable tax policy as they criticised the National Board of Revenue for its lack of accountability in deciding why taxes are exempted, increased or reduced...
Make NBR more efficient: Salehuddin
Finance adviser Salehuddin Ahmed on Monday said that increasing the efficiency of the National Board of Revenue was essential for the growth of business in the country...
Next budget to focus more on revenue聽聽聽
Revenue generation will continue to get priority in the next budget as the interim government wants to pull up the country鈥檚 falling tax-GDP ratio.
NBR re-fixes VAT rates on different goods, services
The National Board of Revenue has revised its tax policies, reducing value added tax and supplementary duty on several items and services, including mobile phone usage, broadband internet, medicine, ready-made clothes, restaurants, sweets, non-AC hotels, and motor workshops...
NBR raids ex-IGP Benazir鈥檚 resort in Gopalganj
The National Board of Revenue鈥檚 central intelligence cell on Tuesday raided former inspector general of police Benazir Ahmed鈥檚 Savana Eco Resort and Natural Park in Gopalganj...
Leadership structure barrier to NBR reform: advisory committee
Advisory committee formed to recommend proposals for the reform of the National Board of Revenue has identified dual role of secretary of the Internal Resources Division as an obstacle to the NBR鈥檚 efficiency...
NBR cuts tax in import of air purifiers
The National Board of Revenue on Tuesday said the import cost of air purifiers will be reduced from Tk 1,500 to Tk 7,000 each depending on the quality following the cut in the import duty along with exemption of regulatory duty and advance tax...
