Tax

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    FICCI seeks scrapping of source tax on PF income

    Staff Correspondent | Updated at 10:54pm on January 29, 2017

    Foreign Investors’ Chamber of Commerce and Industry on Sunday urged the government for withdrawal of tax at source on income of provident fund, gratuity and...

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    NBR to set up national single window to facilate import-export procedures

    Staff Correspondent | Updated at 11:41pm on January 25, 2017

    The government is set to establish a National Single Window (NSW) to facilitate businesses for completing all procedures related to import and export through online...

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    NBR starts scrutinising cos’ withholding tax returns

    Staff Correspondent | Updated at 11:21pm on January 24, 2017

    The National Board of Revenue has started scrutinising of the withholding tax returns of companies and other entities to find out whether they deducted applicable...

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    Muhith to stick with VAT rate at 15pc

    Staff Correspondent | Updated at 11:10pm on January 24, 2017

    Finance minister AMA Muhith on Sunday said that he preferred introduction of value added tax at the rate of 15 per cent from the next...

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    Dhaka stocks keep soaring as banks continue to gain heavily

    Staff Correspondent | Updated at 10:07pm on January 23, 2017

    Dhaka stocks surged for the second trading session on Monday with the turnover hitting fresh six-year high as investors continued purchasing heavily, especially the banks’...

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    NBR seeks budget proposals from stakeholders

    Staff Correspondent | Updated at 10:04pm on January 23, 2017

    The National Board of Revenue has started preparatory work for formulation of the revenue budget for the next fiscal year of 2017-2018...

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    ACC blames NBR for certifying wealth statement improperly

    Staff Correspondent | Updated at 11:17pm on January 18, 2017

    The Anti-Corruption Commission has said the anti-graft body cannot inquire into the source of wealth of people as the tax authorities certify the wealth statement...

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    Businesses want 7pc VAT rate when new law takes effect

    Staff Correspondent | Updated at 01:18am on January 18, 2017

    Two leading trade bodies of the country on Tuesday demanded that value-added tax rate be reduced to 7 per cent from the first day of...

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    NBR to make adding e-TINs to import bills mandatory

    Staff Correspondent | Updated at 11:26pm on January 16, 2017

    The National Board of Revenue is going to make mandatory incorporation of electronic taxpayer identification numbers in the bill of entry for importers to facilitate...

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    No tax benefits for defaulting entities

    Jasim Uddin | Updated at 10:38pm on January 14, 2017

    The National Board of Revenue has decided to frame a policy to bar entities having tax dues from receiving any tax benefits, officials said...

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