The Foreign Investors Chamber of Commerce and Industry has expressed concerns over lack of allocation or specific directions for the automation of tax, value-added tax and customs administration in the proposed budget for the 2024-25 financial year...
Finance minister Abul Hassan Mahmood Ali on Thursday announced a series of measures, including reintroducing scope for legalising undisclosed money by paying tax at a...
Bangladesh government is all set to curtail corporate income tax by 2.5 percentage points in a bid to encourage compliance with a condition of promoting cashless transactions....
Taxpayers in Bangladesh, including companies and firms, can now legalize their undeclared wealth by paying a 15 per cent tax on immovable properties without facing any questions about the sources of their income....
The Dhaka Stock Exchange on Tuesday urged the National Board of Revenue not to impose any tax on capital gains of general investors in the upcoming national budget for the financial year 2024-25...
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...
IN AN era when digitisation is rapidly reshaping economies, Bangladesh stands at a crossroads. Online businesses, from聽 electronic commerce giants to freelance platforms, are creating employment and contributing to economic growth...
Experts on Sunday said that digitalisation was needed to check tax evasion in the country...
The government is likely give scopes for legalising undisclosed money by paying 15 per cent tax in the forthcoming FY25.
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...
The High Court on Thursday started fresh hearing on two writ petitions filed by Grameen Kalyan, a nonprofit social business company founded by Nobel Laureate Muhammad Yunus, challenging the National Board of Revenue鈥檚 claim of Tk聽600 crore income tax from the company for the years 2013 to 2017...
The National Board of Revenue will go ahead with its plans to phase out tax waivers from the upcoming new national budget to bolster the tax-to-GDP ratio, which is now...
The National Board of Revenue is likely to implement a roadmap to phase out tax waivers enjoyed by different sectors from the new financial year...
The US government gave automakers a reprieve Friday when finalizing electric vehicle tax credit rules, by letting cars that contain Chinese graphite qualify for the...
The government鈥檚 performance is tellingly poor when it comes to the tax-to-GDP ratio. The ratio has remained static at about 8 per cent, one of the lowest even in South Asia, for the past decade as proposals and initiatives for augmenting...
The visiting International Monetary Fund mission on Sunday recommended around half a dozen measures, including administrative reform in the...
Economists and professionals at a roundtable discussion on Sunday said that Bangladesh needed to increase its tax-GDP ratio, which was currently very low compared with that of neighbouring countries...
The number of taxpayer identification number holders is gradually increasing in the country as it has now crossed 1.02 crore....
Revenue collection by the National Board of Revenue聽 from income tax, customs and VAT during the July-March period of the current financial year 2023-24 witnessed a 15.23 per cent growth fetching Tk 2,59,866 crore.....
Twenty-seven people went on trial on Monday in connection with the 鈥楶anama Papers鈥� tax evasion scandal, with one of the main defendants denying accusations of money laundering.....
