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Audits reveal Deutsche Bank’s links to tax trade scandal
Reuters . Frankfurt | Updated at 12:00am on January 05, 2019
There are ‘lots of indications’ that some managers discussed ‘the reputational risks’ of Deutsche Bank’s involvement in a share-trading scheme that is the subject of...
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Source tax on exports cut further to 0.25pc
Staff Correspondent | Updated at 12:00am on January 04, 2019
The government has cut source tax on export earnings further for readymade garment and other sectors to 0.25 per cent from 0.60 per cent for...
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Govt’s tax collection from DSE drops by 24.42pc in Jul-Dec
Staff Correspondent | Updated at 12:00am on January 03, 2019
The government’s revenue collection from Dhaka Stock Exchange dropped by 24.42 per cent or Tk 34.8 crore in the first half (July-December) of the current financial...
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NBR to automate bonded warehouse mgmt system
Staff Correspondent | Updated at 12:00am on January 03, 2019
National Board of Revenue will review the existing business process of bonded warehouse management system to make it conducive to an automated environment....
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Palm oil jumps over 2pc as India cuts import tax
Reuters . Kuala Lumpur | Updated at 12:00am on January 03, 2019
Malaysian palm oil futures rose to their highest in nearly two weeks on the first trading day of 2019, after world’s largest edible oil importer...
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With shortfall, revenue collection poses big challenge for new govt
Staff Correspondent | Updated at 12:00am on January 02, 2019
The pace of revenue collection may appear a big challenge for the new government in coming months in meeting the need of development expenditure as...
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NBR moves to check returns to prevent tax dodging using tax benefit facility
Jasim Uddin | Updated at 12:00am on January 01, 2019
National Board of Revenue has taken a move to scrutinise income tax files of taxpayers having tax exempted income or enjoying reduced tax rates to...
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NBR forms body to examine BIDA proposal on VAT exemption
Jasim Uddin | Updated at 12:41am on December 31, 2018
National Board of Revenue has formed a committee to examine a proposal of Bangladesh Investment Development Authority for providing VAT exemption on purchase of all...
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Ministry suggests NBR give tax benefits for local car industry
Jasim Uddin | Updated at 12:37am on December 31, 2018
The industries ministry has requested National Board of Revenue to formulate an investment-friendly tax policy for the automobile industry having the potential for growth to...
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China to restrict imports of scrap steel, aluminium from July
Reuters . Shanghai | Updated at 12:00am on December 30, 2018
China will restrict imports of scrap steel and aluminium from July 1, the environment ministry said on Saturday....
Saturday, February 16, 2019
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