Tax

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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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    Revenue receipt target in budget impractical, says BCI

    Staff Correspondent | Updated at 10:36pm on June 09, 2018

    The Bangladesh Chamber of Industries on Saturday termed ‘impractical’ the government’s revenue collection target, set at Tk 3,39,280 crore, in the proposed budget for the...

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    Proposed budget not aligned with SDGs: SANEM

    Staff Correspondent | Updated at 10:29pm on June 09, 2018

    South Asian Network on Economic Modeling on Saturday said that the country could not get on the highways of the sustainable development goals (SDGs) through...

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    Govt gives BATB tax relief of Tk 2,000cr

    Staff Correspondent | Updated at 10:25pm on June 09, 2018

    National Board of Revenue has offered British American Tobacco Bangladesh tax relief worth more than Tk 2,000 crore in the proposed budget through scrapping a special...

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    FEAB protests at proposed VAT hike on local apparels

    Staff Correspondent | Updated at 10:18pm on June 09, 2018

    The Fashion Entrepreneurs Association of Bangladesh has protested against a proposal to increase value added tax (VAT) on the apparel items of local brands in...

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    FICCI demands corporate tax cut for all sectors

    Staff Correspondent | Updated at 12:10am on June 09, 2018

    The Foreign Investors’ Chamber of Commerce and Industry on Friday demanded reduction of the corporate tax rate for all sectors as offered for banks and...

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    Tax break extended for local mobile phone makers

    Staff Correspondent | Updated at 12:05am on June 08, 2018

    Finance minister AMA Muhith on Thursday proposed imposing 2 per cent surcharge on imports of mobile handset and reducing import duty on raw materials for...

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    Budget waives VAT on local motorcycle industries

    Staff Correspondent | Updated at 12:05am on June 08, 2018

    The government has proposed value-added tax exemption and more duty benefits for the local motorcycle industries in the national budget for the fiscal year of...

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    28pc duty reimposed on rice import

    Staff Correspondent | Updated at 12:05am on June 08, 2018

    Twenty-eight per cent duty has been reimposed on rice import to protect local farmers as the country witnessed bumper production in rice in last two...

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