Tax

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    NBR moves to procure 14 more container scanners

    Staff Correspondent | Updated at 12:00am on October 06, 2019

    The National Board of Revenue has taken an initiative to procure 14 more container scanners for an estimated cost of Tk 500 crore to ensure...

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    European dairy producers dismayed at US tariffs

    Reuters . Rome/ Paris | Updated at 12:00am on October 05, 2019

    European cheese makers complained on Thursday of being held ‘hostage’ in a transatlantic trade battle that had nothing to do with them after the United...

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    EU likely to respond to US tariffs with own measures: Germany’s Maas

    Reuters . Berlin | Updated at 12:00am on October 05, 2019

    The European Union is likely to take retaliatory measures in response to new US tariffs on European goods, German foreign minister Heiko Maas told newspapers...

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    Government set to cut export source tax to 0.25pc

    Staff Correspondent | Updated at 12:00am on October 04, 2019

    The government is likely to cut the source tax on export proceeds for all businesses including readymade garment sector to 0.25 per cent from 1...

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    India GST collection falls to 19-month low in Sept

    Reuters | Updated at 12:00am on October 02, 2019

    Collections from India’s nationwide goods and services tax (GST) fell to a 19-month low in September, data showed on Tuesday, increasing the risk of fiscal...

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    No LC opening without new e-BINs after Oct 31

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

    The National Board of Revenue has requested the Bangladesh Bank to ask all commercial banks not to open letters of credit for importers without online-generated...

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    Record US tariff award over Airbus aid could fuel trade tensions

    Reuters . Brussels | Updated at 12:00am on September 30, 2019

    Transatlantic trade ties face renewed disruption this week when global arbiters are expected to grant the United States a record award allowing it to hit...

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    Japan hikes consumption tax

    Agence France-Presse . Tokyo | Updated at 12:00am on September 30, 2019

    From October 1, Japan finally implements a much-delayed consumption tax hike, raising the rate from eight per cent to 10 per cent, despite fears the...

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    VAT reciepts from big cos dip by 16pc

    Staff Correspondent | Updated at 12:00am on September 30, 2019

    Value-added tax collection from the large corporate entities declined by 15.60 per cent or Tk 922 crore in the first two months of the current fiscal...

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    EU ready to act alone on digital tax if no global deal in 2020

    Reuters . Brussels | Updated at 12:00am on September 29, 2019

    European Union commissioners-designate said the bloc should agree on a digital tax if no deal on the matter was reached at a global level by...

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