• Images

    Muhith hints at changing fiscal year

    Staff Correspondent | Updated at 10:38pm on July 05, 2017

    Finance minister AMA Muhith on Wednesday hinted at changing the fiscal year against the backdrop of demands by the economists for improving the implementation of...

  • Images

    Telcos lose tribunal battle over Tk 2,048cr SIM replacement tax

    Jasim Uddin | Updated at 09:50pm on July 05, 2017

    The National Board of Revenue has demanded Tk 883.32 crore from four mobile phone operators alleging that they had dodged the amount as SIM replacement...

  • Images

    VAT automation to continue despite suspension of new law

    Jasim Uddin | Updated at 10:58pm on July 04, 2017

    The National Board of Revenue will continue its move to automate the value-added tax system under the existing law despite suspension of the new VAT...

  • Images

    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...

  • Images

    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...

  • Images

    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...

  • Images

    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...

  • Images

    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...

  • Images

    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...

  • Images

    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...