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  NBR asks CAAB to collect VAT from int’l airlines

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

  Value-added tax on aeronautical services provided by the Civil Aviation Authority of Bangladesh to international airlines would be applicable at the rate of 15 per...

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  Old BINs to remian effective till Nov 30

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

  Traders would be able to continue their regular economic activities, including opening letters of credit, and export-import, against old business identification numbers for one more...

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  NBR defines production input to check VAT rebate claim

  Staff Correspondent | Updated at 12:00am on October 28, 2019

  The National Board of Revenue has excluded a number of goods and services under six categories from the definition of input required for production of...

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  Ministry, cos want VAT on internet value chain services to be cut to 5pc

  Jasim Uddin | Updated at 12:00am on October 24, 2019

  The posts and telecommunications ministry and the country’s internet infrastructure companies have requested the finance ministry and the National Board of Revenue to reduce the...

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  Source tax on exports cut to 0.25pc for all sectors

  Staff Correspondent | Updated at 12:00am on October 22, 2019

  The government on Monday slashed the source tax on export proceeds for all sectors, including readymade garment, to 0.25 per cent from 1 per cent...

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  NBR aims to cut export-import process completion time to 1-2 days in 3yrs

  Staff Correspondent | Updated at 12:56am on October 21, 2019

  The National Board of Revenue has set a target of reducing the time for completing import procedures to two days and that for export procedures...

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  NBR slashes VAT on mild steel, reduces duty on bidi

  Staff Correspondent | Updated at 12:00am on October 18, 2019

  The National Board of Revenue has further slashed the value-added tax on mild steel products and a number of raw materials for steel sector to...

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  NBR eases central BIN issuance to large cos

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

  The National Board of Revenue relaxed the rules for issuance of central business identification numbers to large manufacturers to facilitate obtaining of central BINs by...

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  US-China tariffs on everything may be the ‘new normal’

  Reuters . Washington | Updated at 12:00am on October 15, 2019

  US president Donald Trump called his phase 1 trade deal with China ‘by far, the greatest and biggest deal ever made,’ even though nothing was...

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  Large cos facing technical problems in filing VAT returns online

  Staff Correspondent | Updated at 12:00am on October 15, 2019

  Large taxpayers are facing difficulties in filling value-added tax returns online due to various technical complexities and problems in the server of the National Board...