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  Banks dominate list of top corporate taxpayers

  Jasim Uddin | Updated at 12:00am on August 22, 2019

  Country’s bank sector with eight private commercial banks dominated the list of top-10 highest corporate taxpayers in last fiscal year (2018-2019) despite a cut in...

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  India govt panel for across board corporate tax cut to 25pc

  Reuters . New Delhi | Updated at 12:00am on August 21, 2019

  An Indian government panel has recommended cutting the corporate tax rate to 25 per cent from 30 per cent for all companies and scrapping surcharges...

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  NBR allows single BIN for firm with multiple units

  Staff Correspondent | Updated at 12:00am on August 21, 2019

  Firms run business operations through more than a unit or branch will be able to obtain single business identification number (BIN) instead of separate BINs...

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  Muhith gets duty-free car

  Staff Correspondent | Updated at 04:56pm on August 20, 2019

  The National Board of Revenue has allowed former finance minister AMA Muhith to release an imported car under the duty-free scheme meant for the Members...

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  Ride-sharing service cos to pay VAT

  Staff Correspondent | Updated at 12:00am on August 20, 2019

  Value-added tax at the rate of 5 per cent on ride sharing service will be applicable only on the service providing companies’ share in the...

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  New tax on stock dividend to be effective from next FY

  Staff Correspondent | Updated at 12:00am on August 19, 2019

  The new taxes imposed on listed companies’ stock dividend declaration and retained earnings will be applicable on the entities’ income for the current fiscal year...

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  Amazon.com defeats IRS appeal in US tax dispute

  Reuters | Updated at 12:00am on August 18, 2019

  Amazon.com Inc on Friday defeated an appeal by the US Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over...

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  1.50 lakh BINs face deactivation as VAT reg info not updated

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

  Some 1,50,000 business identification numbers (BINs) face deactivation as the BIN holders failed to comply with the National Board of Revenue’s directive to update their...

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  BJMC seeks tax benefits for jute mills for 4yrs

  Jasim Uddin | Updated at 12:00am on August 15, 2019

  The Bangladesh Jute Mills Corporation has demanded extension of the income tax benefits for state-owned jute mills for four more years. It also demanded reinstatement...

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  Investors look for consumer pressure ahead of next tariffs

  Reuters | Updated at 12:00am on August 11, 2019

  As president Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of pressure on US consumers as top retailers...