Tax

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    NBR forms taskforce to check compliance of tax deduction at source by govt agencies

    Jasim Uddin | Updated at 10:18pm on June 19, 2018

    The National Board of Revenue has formed a taskforce to check whether or not the government offices and autonomous bodies are complying with the relevant...

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    Rice prices go up after govt hikes import duty

    Staff Correspondent | Updated at 12:05am on June 19, 2018

    The prices of rice went up in the city’s wholesale markets following the announcement of budget for the financial year of 2018-19 as the government...

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    No VAT, income tax on NRBs’ remittance: NBR

    Staff Correspondent | Updated at 12:23am on June 14, 2018

    The National Board of Revenue on Wednesday assured that the government in the national budget for the fiscal year of 2018-2019 had not imposed any...

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    Govt scraps AIT waiver for local LCs

    Jasim Uddin | Updated at 09:52pm on June 12, 2018

    The government has extended the coverage of advance income tax on local letter of credit or any financing agreement for purchasing goods, imposing the AIT...

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    LTU launches apps for taxpayers

    Staff Correspondent | Updated at 10:27pm on June 11, 2018

    Large Taxpayers Unit (VAT) of the National Board of Revenue on Monday launched a mobile application to facilitate large taxpayers getting tax related information and...

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    BPGMEA seeks tax reduction for plastic industry

    Staff Correspondent | Updated at 10:25pm on June 11, 2018

    The Bangladesh Plastic Goods Manufacturers and Exporters Association on Monday urged the government to reconsider some of the changes in tax measures for the plastic...

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    Businesses must disclose bank account info to get VAT rebate

    Jasim Uddin | Updated at 10:12pm on June 11, 2018

    Traders will have to disclose the relevant bank account information to the tax authority as proof of transactions for getting tax credit or VAT rebate....

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    VAT certificate must for money changers’ licence renewal: BB

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

    Bangladesh Bank on Sunday asked money exchange houses to submit VAT certificates along with the application and other documents for renewal of their licences...

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    Reinstate tax on import of software that are manufactured locally

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

    Country’s four ICT associations including Bangladesh Association of Software and Information Services on Sunday urged the government to reinstate 25 per cent import duty and...

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    Govt proposes hike in penalty

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

    The government has proposed increasing the rate of penalty by 10 times for offences related mainly to deduction of tax at source and submission of...

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