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Customs duty collection Tk 13,031cr short of target in H1
Jasim Uddin | Updated at 12:00am on January 19, 2020
Customs duty collection by the National Board of Revenue fell short by Tk 13,031 crore or 29 per cent of the target in the first half...
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France makes proposals to US to resolve tech tax row
Agence France-Presse . Paris | Updated at 01:54am on January 18, 2020
France has made proposals to the United States to resolve the dispute over taxing multinational tech giants that aims to seal the framework for a...
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NBR set to miss again deadline to install EFD
Staff Correspondent | Updated at 12:00am on January 17, 2020
The National Board of Revenue is set again to miss the deadline to begin installation of electronic fiscal devices at 25 types of shops in...
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NBR planning to review nil-tax returns provision
Jasim Uddin | Updated at 12:00am on January 16, 2020
The National Board of Revenue is planning to review the provision related to filing income tax returns with no tax payment as its field-level offices...
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Economic Zone units allowed to import spare parts duty-free
Staff Correspondent | Updated at 11:07pm on January 13, 2020
The National Board of Revenue has exempted investors from payment of all types of duties and taxes on import of spare parts for their factories...
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Power plants starting operation in 3yrs too get tax holiday
Staff Correspondent | Updated at 11:37pm on January 12, 2020
The National Board of Revenue has extended tax benefits, including income tax holiday till 2034, to private sector power generation companies which will go into...
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NBR halves source tax on export cash incentive
Staff Correspondent | Updated at 11:17pm on January 12, 2020
The National Board of Revenue has halved the source tax on cash incentive for export earnings following exporters’ demand. Income tax wing of the revenue...
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NBR eases conditions for VAT waiver for API makers’ raw material import
Staff Correspondent | Updated at 12:00am on January 09, 2020
The National Board of Revenue has relaxed a number of conditions, including rate of value-addition for the local producers of active pharmaceutical ingredients (API) to...
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France, US set 2-week target for digital tax deal
Agence France-Presse . Paris | Updated at 12:12am on January 08, 2020
Paris and Washington have two weeks to settle a disputed French tax proposal on multinational tech giants, the French finance minister said on Tuesday after...
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Corporate tax receipt grows by 13.5pc in H1
Staff Correspondent | Updated at 12:04am on January 08, 2020
The corporate tax collection grew by 13.49 per cent in the first half of the current fiscal year 2019-2020 compared with that in the same...
Sunday, January 19, 2020
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