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Tags : tax


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ACC to sue two sons of S Alam over Tk 75cr tax evasion

The Anti-Corruption Commission on Wednesday approved a case against 10 people including S Alam group chairman Mohammed Saiful Alam’s two sons, Ashraful Alam and Asadul Alam Mahir, for their alleged involvement in evading taxes worth Tk 75 crore...

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ICSB holds training on e-return submission

The Institute of Chartered Secretaries of Bangladesh conducted training on ‘Submission of Income Tax Return Using e-Return System’ held on Saturday at ICSB premises in the city aimed to enhance the knowledge and skills of its members in complying with the latest income tax regulations...

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Modi dangles tax cuts as US tariffs loom

Indian prime minister Narendra Modi’s push to slash consumption taxes on everyday goods could deliver billions of dollars in annual relief and boost demand in an economy bracing for painful US tariffs, experts say...

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ACC to prosecute 3 NBR officials

The Anti-Corruption Commission on Thursday approved a case against three officials of the National Board of Revenue for their alleged involvement in concealing tax files of a company to allow it to evade Tk 146 crore in income tax...

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July tax receipts rise, but fall short of target

The country’s revenue collection witnessed an increase of 24.32 per cent to Tk 27,247 crore in July, the first month of the financial year 2025-26, according to the National Board of Revenue data...

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9 more NBR officials suspended, 131 transferred

In a major administrative reshuffle at the National Board of Revenue, the authorities on Monday suspended nine more tax officials and transferred 131 others to its different offices...

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Eyeing robotaxis, Tesla hiring NY car operator

Tesla is recruiting a motorist to test its driver-assistance technology in New York with an eye towards autonomous driving, according to a job listing reviewed by AFP on Wednesday...

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Foreigners exempted from e-returns

The National Board of Revenue has exempted foreign nationals working in Bangladesh from filing income tax returns online...

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Rice procurement faces disruption due to 0.5pc tax

Rice procurement activities across the country are facing disruptions following the imposition of a 0.5 per cent source tax on domestic rice procurement, according to an official document...

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Bangladesh govt makes online submission of tax returns mandatory

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...

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Tk 1,874cr tax evaded in 7 months

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...

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BTMA seeks Withdrawal of 2pc advance income tax

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...

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Textile millers fear losing competitiveness

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.

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Greece starts charging tourist tax on cruises

Greece has began charging a tax on island cruise ships, the latest European effort to tackle soaring visitor numbers to the continent’s most popular destinations.

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Over 17 lakh tax returns filed online in FY25

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...

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19 dead in Kenya protests

The death toll from protests in Kenya to mark the anniversary of a massive crackdown on anti-tax demonstrations has risen to 19, with another 15 people missing, the national human-rights commission said Friday...

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German FA fined in WC tax evasion case

A German court on Wednesday fined the domestic football association DFB 130,000 euros ($150,000) in a tax evasion case linked to suspicious payments around the 2006 World Cup...