Tax

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    NBR scraps instant BIN issuance online

    Jasim Uddin | Updated at 12:00am on March 06, 2019

    National Board of Revenue has cancelled on-the-spot issuance of electronic business identification number (BIN) after two years of introduction of the system following allegations of...

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    NBR to assess potential of sector for duty benefits

    Jasim Uddin | Updated at 12:00am on March 05, 2019

    National Board of Revenue will not provide any duty benefits to any sector without specific plans on investment, production, local demand, employment and export potentials...

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    French tax on net giants could yield 500m euros a year

    Reuters . Paris | Updated at 12:00am on March 04, 2019

    A three per cent tax on the French revenue of large internet companies could yield 500 million euros (568.5 million pounds) per year, French finance...

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    NRBs urge govt to provide incentive for remittance sending

    Staff Correspondent | Updated at 12:00am on March 03, 2019

    Bangladeshi expatriates on Saturday urged the government to introduce incentives to encourage remittance sending in the country....

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    NBR may reject BEZA plea for duty-free facility

    Staff Correspondent | Updated at 12:00am on March 01, 2019

    National Board of Revenue may reject a proposal of Bangladesh Economic Zone Authority to allow duty-free luxury car import by investors at economic zones in...

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    NBR seeks proposals on budget with focus on new VAT law

    Staff Correspondent | Updated at 12:00am on February 25, 2019

    National Board of Revenue has asked its field offices, country’s businesses and other stakeholders to submit new VAT law-focused proposals for the national budget for...

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    IRD secy hints at reducing savings tools interest rate

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on February 24, 2019

    National Board of Revenue chairman and Internal Resources Division senior secretary Mosharraf Hossain Bhuiyan on Saturday said the government was considering reducing the interest rates...

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    NBR waives advance VAT on Gonoshasthaya’s 9,000 dialysis machines import

    Staff Correspondent | Updated at 12:00am on February 21, 2019

    National Board of Revenue has waived advance trade VAT on import of around 9,000 dialysis and haemodialysis machines to be imported by Gonoshasthaya Kendra to...

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    Withdrawal of corporate tax on shipbuilding sector demanded

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:00am on February 20, 2019

    Shippers’ Council of Bangladesh on Tuesday demanded withdrawal of the existing 35 per cent corporate tax on shipbuilding industry in the upcoming national budget for...

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    NBR plans tax benefits only for new investment at SEZs

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

    National Board of Revenue may allow tax benefits to investors only on their new investment in the country’s special economic zones. The benefits including 10...

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