Tax

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    NBR firm on single VAT rate

    Staff Correspondent | Updated at 11:03pm on May 20, 2017

    The National Board of Revenue on Saturday said it still preferred a single and uniform rate of value-added tax in the new VAT act claiming...

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    VAT-free turnover limit to be Tk 36 lakh

    Staff Correspondent | Updated at 10:56pm on May 17, 2017

    The National Board of Revenue has finalised the VAT-free annual turnover limit for small-scale traders at Tk 36 lakh from next budget, amending the ceiling...

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    Edible oil set to be VAT-free from July

    Jasim Uddin | Updated at 11:16pm on May 16, 2017

    The government has decided to keep edible oil out of value-added tax net in the new VAT law to ensure affordable price of the product...

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    NRBs to get respite from paying remittance charges: Muhith

    Staff Correspondent | Updated at 10:08pm on May 13, 2017

    The government will exempt expatriate Bangladeshis from paying charge for sending remittance money to the country to encourage them to transfer remittance through the banking...

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    Steel millers demand continuation of 5pc VAT on rod prices

    Staff Correspondent | Updated at 10:25pm on May 10, 2017

    The re-rolling mills owners on Wednesday demanded for lowering the VAT to highest 5 per cent from 15 per cent stipulated in the new VAT...

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    VAT exemption list may be doubled

    Jasim Uddin | Updated at 10:17pm on May 10, 2017

    The number of VAT exempted products and services is likely to be doubled in the new VAT law from the items currently enjoying exemption to...

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    VAT rate to be brought down to a ‘comfortable’ level : Muhith

    Staff Correspondent | Updated at 10:17pm on May 10, 2017

    Finance minister Abul Maal Abdul Muhith on Wednesday hinted about a potential change in VAT rate stipulated at 15 per cent in the new VAT...

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    Govt likely to raise VAT-free turnover limit to Tk 50 lakh

    Staff Correspondent | Updated at 10:41pm on May 08, 2017

    The government is set to raise the VAT-free annual turnover limit to keep more small-scale traders out of the VAT regime and avoid inflationary pressure...

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    Govt sets 35pc higher revenue target for NBR for next budget

    Jasim Uddin | Updated at 10:59pm on May 04, 2017

    The government has set an ambitious revenue collection target at Tk 2,48,190 crore for the National Board of Revenue for next fiscal year 2017-18....

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    NBR examines illicit money outflow report: chair

    Staff Correspondent | Updated at 09:59pm on May 03, 2017

    The National Board of Revenue chairman on Wednesday said that they were examining the global report on illicit financial outflows which said that up to...

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