Tax

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    New customs law focuses on automation, best practices

    Staff Correspondent | Updated at 12:00am on October 21, 2018

    The new customs law has adopted a set of provisions including transaction value-based customs valuation, non-intrusive inspection and advance cargo declaration to facilitate international trade...

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    NBR faces problem in collecting tax from soft, energy drinks

    Staff Correspondent | Updated at 02:05am on October 18, 2018

    National Board of Revenue has requested Bangladesh Standards and Testing Institution to set specific standards of soft drinks, energy drinks and malt beverages for facilitating...

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    No survey by NBR’s tax survey arm in 16 years

    Staff Correspondent | Updated at 12:00am on October 17, 2018

    Central Tax Survey Zone of the National Board of Revenue has remained inactive for the last 16 years due to its lack of authority in...

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    VAT applicable to consumers of LNG: NBR

    Staff Correspondent | Updated at 12:00am on October 16, 2018

    The National Board of Revenue has said that consumers would have to pay 15 per cent value-added tax on liquefied natural gas as the VAT...

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    NBR moves to amend new VAT law before implementation

    Jasim Uddin | Updated at 02:15am on October 14, 2018

    National Board of Revenue has taken a move to amend the now-suspended VAT and Supplementary Duty Act-2012 as a preparation for implementation of the law...

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    NBR to exempt duty on small-value goods import

    Jasim Uddin | Updated at 12:00am on October 12, 2018

    The National Board of Revenue has decided to allow duty-free import of goods worth up to Tk 2,000 and exempt duty or other taxes up to...

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    NBR corporate tax receipt short of Q1 target on rate cut

    Staff Correspondent | Updated at 12:05am on October 11, 2018

    Corporate income tax collection by National Board of Revenue in first quarter of the current fiscal year fell Tk 292 crore short of target mainly...

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    NBR revenue receipt 20pc short of target in Jul-Aug

    Staff Correspondent | Updated at 12:00am on October 07, 2018

    Revenue collection by National Board of Revenue fell Tk 7,274 crore or 20.45 per cent short of target in the first two months of the current...

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    Air passengers to pay VAT on aeronautical charges: NBR

    Jasim Uddin | Updated at 12:00am on October 07, 2018

    National Board of Revenue on Thursday said that the 15 per cent value-added tax on aeronautical charges collected by the civil aviation authorities from airliners...

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    NBR to set up tax unit for foreign cos

    Jasim Uddin | Updated at 01:54am on October 02, 2018

    National Board of Revenue has decided to set up a separate unit to handle income tax files of foreign companies operating in Bangladesh....

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