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    Delayed B’desh VAT execution stalls revenue reform: Moody’s

    Staff Correspondent | Updated at 12:02am on July 04, 2017

    Global credit rating agency Moody’s Investors Service on Monday said that delayed implementation of the new VAT law by Bangladesh was ‘credit negative’ as it...

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    AIT for contractors, suppliers hiked

    Staff Correspondent | Updated at 11:55pm on July 03, 2017

    The National Board of Revenue has increased the rates of advance income tax (AIT) on the income of contractors and suppliers earned through execution of...

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    NBR achieves revised revenue collection target

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 02:57am on July 02, 2017

    The National Board of Revenue exceeded the revenue collection target for the outgoing fiscal year 2016-17 as it collected Tk 1,08,571 crore, up Tk 71...

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    Indian opposition to boycott tax launch

    Agence France-Presse . New Delhi | Updated at 10:41pm on June 30, 2017

    Indian opposition parties vowed Friday to boycott the launch of a new national tax, adding to the strain ahead of the country’s biggest ever fiscal...

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    Both old, new BINs to remain effective

    Jasim Uddin | Updated at 09:57pm on June 29, 2017

    Both old and new business identification numbers (BIN) will remain effective despite the fact that the government suspended the new VAT law for two more...

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    Ready or not, Indian businesses brace for biggest-ever tax reform

    Reuters . Meerut, India | Updated at 10:23pm on June 28, 2017

    Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his...

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    Banks asked to fund Tk 20,000cr to set up rental power plants

    Manjurul Ahsan | Updated at 10:19pm on June 28, 2017

    The government in an unusual move has asked local banks to fund approximately Tk 20,000 crore to facilitate private entrepreneurs to set up a number...

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    Business remains dull amid Eid hangover

    Staff Correspondent | Updated at 10:15pm on June 28, 2017

    Business activities in cities including Dhaka remained depressing and were still in a holiday mood on Wednesday though the government and private offices opened after...

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    UK to maintain duty-free access for Bangladesh after Brexit

    Business Desk | Updated at 10:10pm on June 28, 2017

    Britain said it will maintain duty-free access to its markets once it has left the European Union for goods from nearly 50 developing countries including...

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    Garment export tax retained at 1pc, corporate tax cut further

    Staff Correspondent | Updated at 09:38pm on June 28, 2017

    The government on Wednesday retained tax at source of 1 per cent on export earnings from readymade garment sector for the next fiscal year 20217-2018...