Tax

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    Ride-sharing service cos to pay VAT

    Staff Correspondent | Updated at 12:00am on August 20, 2019

    Value-added tax at the rate of 5 per cent on ride sharing service will be applicable only on the service providing companies’ share in the...

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    New tax on stock dividend to be effective from next FY

    Staff Correspondent | Updated at 12:00am on August 19, 2019

    The new taxes imposed on listed companies’ stock dividend declaration and retained earnings will be applicable on the entities’ income for the current fiscal year...

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    Amazon.com defeats IRS appeal in US tax dispute

    Reuters | Updated at 12:00am on August 18, 2019

    Amazon.com Inc on Friday defeated an appeal by the US Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over...

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    1.50 lakh BINs face deactivation as VAT reg info not updated

    Staff Correspondent | Updated at 12:00am on August 16, 2019

    Some 1,50,000 business identification numbers (BINs) face deactivation as the BIN holders failed to comply with the National Board of Revenue’s directive to update their...

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    BJMC seeks tax benefits for jute mills for 4yrs

    Jasim Uddin | Updated at 12:00am on August 15, 2019

    The Bangladesh Jute Mills Corporation has demanded extension of the income tax benefits for state-owned jute mills for four more years. It also demanded reinstatement...

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    Investors look for consumer pressure ahead of next tariffs

    Reuters | Updated at 12:00am on August 11, 2019

    As president Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of pressure on US consumers as top retailers...

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    NBR to review customs service charges

    Staff Correspondent | Updated at 12:00am on August 11, 2019

    The National Board of Revenue has planned to review the current schedule of fees and charges for various services related to customs to make it...

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    India may exempt foreign portfolio investors from higher taxes

    Reuters . New Delhi | Updated at 12:03am on August 09, 2019

    India is likely to exempt foreign portfolio investors (FPIs) from an increase in taxes in this year’s budget approved by parliament, two government officials told...

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    BIDA wants to integrate OSS system with NBR platform

    Jasim Uddin | Updated at 12:00am on August 08, 2019

    The Bangladesh Investment Development Authority has proposed signing a memorandum of understanding with the National Board of Revenue to integrate its One Stop Service system...

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    China to unveil special tax policy in Shanghai Free Zone

    Reuters . Beijing | Updated at 12:00am on August 07, 2019

    China said on Tuesday it will implement a special tax policy in the newly expanded Shanghai Free Trade Zone, in a bid to promote free...

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