Tax

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    E-BINs mandatory for business activities from today

    Staff Correspondent | Updated at 12:33am on July 01, 2018

    Use of nine-digit online business identification numbers (e-BINs) has become mandatory from today (Sunday). Officials said that businesses would not be able to conduct any...

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    VAT must on high-priced items of e-commerce sites: NBR

    Staff Correspondent | Updated at 12:05am on June 29, 2018

    National Board of Revenue on Thursday said that value-added tax would be applicable only on sales and delivery of some specific costly products and services...

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    NBR offices, banks to stay open on Saturday

    Staff Correspondent | Updated at 10:40pm on June 27, 2018

    Field offices of the National Board of Revenue and branches of commercial banks will remain open on Saturday (June 30) to facilitate tax payment by...

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    Proposed budget to satisfy all: PM

    Staff Correspondent | Updated at 05:41pm on June 27, 2018

    Prime minister Sheikh Hasina on Wednesday told parliament that interest of all groups had been protected through the proposed budget for 2018-2019 fiscal....

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    AIT on mobile phone parts’ import to be cut

    Staff Correspondent | Updated at 10:16pm on June 26, 2018

    The National Board of Revenue has decided to reduce advance income tax on import of a number of parts and accessories mainly for mobile manufacturing...

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    FY 19 budget to be passed today

    Staff Correspondent | Updated at 12:05am on June 27, 2018

    The proposed finance bill will be passed in parliament today while the annual budget for the 2018-19 will be passed on Thursday. At an unscheduled...

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    NBR eases conditions for VAT exemption for ocean-going vessel import

    Staff Correspondent | Updated at 09:32pm on June 25, 2018

    The National Board of Revenue has relaxed conditions for VAT exemption on import off ocean going vessels having capacity above 5000 deadweight tonnage (DWT) following...

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    NBR to claim duty dating back up to five years

    Staff Correspondent | Updated at 10:14pm on June 23, 2018

    National Board of Revenue will now claim customs duty dating back up to five years if it can detect duty evasion or finds any duty...

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    Banks have to cut rate to enjoy reduced corporate tax facility

    Staff Correspondent | Updated at 12:05am on June 22, 2018

    National Board of Revenue chairman Md Mosharraf Hossain Bhuiyan on Thursday said that they would impose a condition on banks that they (banks) would have...

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    Govt to cut VAT on internet use by 5pc

    Staff Correspondent | Updated at 12:05am on June 22, 2018

    The government will cut the value-added tax on internet use to 10 per cent from the existing 15 per cent from July 1....

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